SAN FRANCISCO Less than two weeks after the resignation of its president and CEO, Interpublic Group's Foote, Cone & Belding office here has laid off employees.
Fewer than 10 employees—less than 5 percent of the shop's 200 employees— were let go, according to Bill Haney, evp and director of corporate communications for FCB Worldwide. He declined to comment on the exact number of personnel dismissed, but said it included four members of the creative staff.
"All we're doing is adjusting staffing to our current needs and anticipated resource needs," said Haney.
Former FCB San Francisco president and CEO Ian Beavis resigned from his post on March 27, to seek other opportunities in advertising. Dominic Whittles, who was evp and managing director of the office, was promoted to president.
FCB suffered a new-business blow last month when it was disqualified, after initially winning, the California Lottery's five-year, $125 million account. The agency's clients include Taco Bell, Levi Strauss and LucasArts.