Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

Bates Norway retrenches 10% of executives

Published on .

OSLO -- Bates has ratified plans to reduce the size of its Norwegian operation. Restructuring, which is designed to improve the bottom line, will result in a 10% reduction in payroll, with 20 accounts and office personnel expected to be laid off by year-end. Bates employs 200 employees in Norway.

"The onset of more computer-operated administrative and client management systems means that we are over-staffed," says Bates Norway General Manager Jan-Erik Naess.

Bates Norway reported earnings of $2.1 million on revenues of $26 million in 1997. In terms of revenues, the company has 18% of the Norwegian market.

Copyright September 1998, Crain Communications Inc.

Most Popular
In this article: