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.
Concrete Inc., a New York-based i-shop founded in 1996, dismissed 40 of its remaining staffers Tuesday and left 15 on board to finish current projects and handle network management as the owners consider plans to sell assets.
Jack Davis, chief administrative officer and corporate counsel, said employees were notified of the layoffs on Tuesday, and the company is seeking firms to assist in selling assets.
“We are winding up the consulting part of the business, the professional services and application building,” said Davis.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in