based operational consulting firm Thomas Group announced April 2 a reduction in force that the firm says will affect one-third of its employees. While the consultancy won't be releasing any exact numbers until its earnings call at the end of the month, according to Fortune's 2007 list of America's fastest-growing small public companies, Thomas Group employs 155 people.

In addition, the firm's CFO, Michael Barhydt, has resigned effective April 11. According to the firm, a replacement is being sought.

Thomas Group says this staff-reduction plan will reduce operating costs by $6 million.

"This action is part of a restructuring that will flatten our organization and focus our best resources on business development and outstanding client service delivery," said Earle Steinberg, Thomas Group president and CEO. "I believe this provides us a strong foundation which will better empower our best resources and from which we can ignite sustainable momentum for growth while continuing to provide superior value-creating services to our clients."

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