GOODBY SILVERSTEIN LAYS OFF MORE EMPLOYEES

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SAN FRANCISCO (AdAge.com) -- Omnicom Group's Goodby, Silverstein & Partners, hit with two billings losses, has cut a significant number of employees.

Agency executives did not return phone calls, but insiders indicated the layoffs could be upward of two dozen.

The agency recently lost both the Sirius Satellite account and the media planning portion of Discover Financial's Discover Card.

The layoff is the third round at the shop this year.

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