7% Staff Cut at Grey N.Y.

Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.

BOSTON WPP Group’s Grey today cut “less than 50 people,” or approximately 7 percent of its New York headquarters staff, as it girds for a restructuring under worldwide chairman and CEO Jim Heekin, an agency representative said.

Roughly 600 employees remain at the New York flagship office.

The cuts impacted all levels and departments, and amounted to slightly more than 5 percent of Grey’s overall national staff. The rep said no additional layoffs are planned in New York or elsewhere.

The





AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Spring Special

Save 30% Off an ADWEEK Subscription Today!

View Your Options

Already a member? Sign in