TBWA\Chiat\Day Cuts Staff

The New York office of TBWA\Chiat\Day laid off about 7 percent of its staff on Wednesday, an agency representative confirmed.

Seventeen staffers were let go to compensate for a drop-off in new business activity, the rep said.

The office, with a staff of about 260, claims billings of about $400 million. The cuts come two months after Circuit City shifted its $50 million account, from TBWA\C\D to FCB in Chicago. (Adweek, April 2).