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IPG’s Deutsch parted with approximately 5% of total staff across departments in its Los Angeles office today. The reason for the move was the loss of the Volkswagen account, which went to WPP in late 2018.
President Kim Getty discussed the matter in an all-staff meeting this afternoon after the cuts took place.
“Today we parted ways with 5% of our very talented staff as we align our resources with current business needs,” said an agency spokesperson.