- Current report filing (8-K)

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

March 12, 2009
Date of Report (Date of Earliest Event Reported)

HARRIS INTERACTIVE INC.

(Exact Name of Registrant as Specified in Charter)


Delaware	000-27577	16-1538028

(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)


60 Corporate Woods, Rochester, New York		14623

(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number Including Area Code: (585) 272-8400

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 2 — Financial Information

Item 2.05. Costs Associated with Exit or Disposal Activities.

On March 12, 2009, Harris Interactive Inc. (the “Company”) realigned its cost structure by strategically reducing headcount at its U.S. facilities by approximately 90 full-time employees. The Company currently estimates that the expenses associated with the reduction will not exceed $2.8 million in one-time termination benefits, all of which will involve cash payments. It is anticipated that all such cash payments will be completed by March 2010. Severance charges related to this action will be recorded in the Company’s results of operations for the third quarter of fiscal 2009.

The Company will file an amended Form 8-K if it determines that there are material changes to any of the estimates noted above. The Company continuously reviews its operations and cost structure, and while it does not have any specific commitments to do so at this time, may pursue additional cost reduction actions in the future.

Section 7 — Regulation FD

Item 7.01. Regulation FD Disclosure.

On March 13, 2009, the Company issued a press release announcing the actions described above. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

Section 9 — Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits .

Exhibit 99.1 Press Release issued by the Company on March 13, 2009.

The discussion in this Current Report on Form 8-K contains forward-looking statements that involve risks and uncertainties. The statements contained in this Form 8-K that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding expectations, beliefs, intentions or strategies regarding the future. All forward-looking statements included in this document are based on the information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statement. Actual results could differ materially from the results discussed herein. Factors that might cause or contribute to such differences include but are not limited to, those discussed in the Risk Factors section set forth in reports or documents the Company files from time to time with the U.S. Securities and Exchange Commission (“SEC”), such as the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2008, filed on September 15, 2008, and its Quarterly Reports on Form 10-Q for the fiscal quarters ended September 30, 2008 and December 31, 2008, filed on November 7, 2008 and February 9, 2009, respectively. In addition, general market factors and economic trends, such as interest rates, the U.S. and world economy, the financial stability of world markets and the financial condition and outlook of the Company’s customers and potential customers should also be considered. The Risk Factors set forth in other reports or documents the Company files from time to time with the SEC should also be reviewed.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


HARRIS INTERACTIVE INC. (Registrant)
By:	/s/ Deborah Rieger-Paganis
	Name:	Deborah Rieger-Paganis
	Title:	Interim Chief Financial Officer (Principal Financial Officer)