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NEW YORK Euro RSCG Worldwide has laid off 20 employees in the past two weeks at its office here, according to sources. The cuts amount to about 3 percent of the agency’s New York staff.
The personnel cuts were made due to the loss of Stouffer’s Red Box business in April and the continuing softness of the MCI account caused by the telecom’s bankruptcy problems, sources said.
The layoffs affected all departments at the 620 person agency, sources said.
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