Carat Makes 3% Staff Cut

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NEW YORK Aegis Group’s Carat media network this week laid off approximately 25 staffers, about 3 percent of its domestic workforce, across its U.S. operations, per sources.

Carat confirmed that a staff reduction was made, but declined to discuss the number of positions eliminated or provide further details. The network still has more than 600 U.S. employees.

The cuts stem from the departures of two large pieces of business Carat did not get a chance to defend, sources said.

One





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