Saatchi NY Cuts Some Staff

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By Kiran Aditham Comment

Nearly a month after “parting ways” with JCPenney, Saatchi & Saatchi NY has let go of some staffers. The agency wouldn’t say, though, if the cuts were directly related to the account loss, but just that they were made in order “to align costs with revenue.” Tipsters have been giving us numbers anywhere from 25-35, but the official word from the Lovemarks Company’s NYC branch is that five percent of its workforce was affected across creative, account and planning.