The Richmond, Va.-based agency, owned by Interpublic Group of Cos., will retain its home office and another in New York.
"We assembled a great group of people in San Francisco at the worst possible time," said Dean Jarrett, Martin's senior vic e president of marketing/communications. "We hate it. But there wasn't even anything on the horizon. It's a dry market."
The Martin Agency has retained a firm to help the terminated employees. The other six were offered positions in either Richmond or New York. -- Rich Thomaselli
Copyright August 2001, Crain Communications Inc.