Grey Global Group's MediaCom
last week trimmed staff by more than 25 people, according to an agency exec, the result of an agency-wide restructuring that began in 2000. After a series of account losses, WPP Group's Y&R Advertising, New York, is also dropping dozens of employees. The layoffs are part of a restructuring, according to a Y&R spokeswoman, who pegged the number at less than 50. DiMassimo. Brand Advertising, New York, which laid off 25 people recently, last week let four more employees go.
Copyright January 2001, Crain Communications Inc.