Two notable Texas agencies have let some people go, we’re hearing. Without dragging it out too far, know that both these agencies have lost bits and pieces of business — like so many other shops — over the last few months.
— TM let 35 go today. Most recently, they lost the Nationwide creative and media planning business to McKinney.
— The Richards Group has slowly laid off about 100 employees, we’re told. All this despite retaining the $50 million Home Depot account and putting together Hyundai’s Assurance Program, which has been parroted by pretty much every big automaker.
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In other bad Texas news, GSD&M didn’t win the BMW media account.