Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.
Citing the economic slowdown, FCB Worldwide here cut its workforce by 12 percent Wednesday.
Roughly 30 workers were let go in all departments.
FCB’s New York office is defending its $400 million AT&T Wireless account in a review.
“This was an extremely difficult but necessary decision for this agency to make in response to the reduction in revenue for the San Francisco office,” the agency said in a terse statement. The shop also considered consolidating the Compaq Computer account at FCB New York.
Layoffs
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in