Crispin Porter & Bogusky to layoff 6% of staff

Share this article:
Renowned agency Crispin Porter & Bogusky is cutting about 6% of its 900+ employee staff, or 60 employees, in its Boulder, CO, and Miami offices.

Katie Kempner, VP, communications at Crispin Porter + Bogusky, attributed the layoffs to the bad economy.

"In response to the current economic climate, advertising budgets are being reduced in virtually every industry,” said Kempner, in a statement.  

While claiming that the business is doing well – not a surprise with advertising clients including Microsoft, Coca-Cola, Burger King, Domino's, Volkswagen and Best Buy – Kempner said, “we are not immune to the constriction of the economy.”

“We do not anticipate any further staff reductions,” Kempner added. “These are extraordinary times, and we hope that we will not have to do this again."




Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Agency

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Agency

Publicis Constructs Pan-Agency Marketing Platform With Adobe

Publicis Constructs Pan-Agency Marketing Platform With Adobe

Riding on the Adobe Marketing Cloud, the Always-On Platform aims to unite all Publicis Agencies around delivering cross-channel efficiencies to clients.

Mohegan Sun Bets on an Integrated Customer Experience

Mohegan Sun Bets on an Integrated Customer Experience

Casino and entertainment destination Mohegan Sun went all-in and overhauled its website to improve its guest experience online and on-site. The casino's payoff was big.

Former Lenovo Executive to Head Digital Marketing at Interakt

Former Lenovo Executive to Head Digital Marketing at ...

Elijah Degen brings 15 years of experience to his new role at the digital agency.