TRW Spinoff Experian Lays Off 20 in O.C.
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ORANGE — Experian Inc., the former TRW Information Systems unit that was spun off two weeks ago, has laid off 90 of its 3,500 employees as part of a restructuring. The consumer credit and real estate information company said that 20 employees at its headquarters in Orange were let go and that the other layoffs were spread over dozens of its nearly 100 locations around the world.
Company officials had said prior to the spinoff from TRW Inc. that layoffs would be inevitable as some functions, particularly in marketing and operations, were consolidated. Despite the layoffs, Experian has openings for 110 sales and technical workers, a company spokeswoman said.
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