Accenture-owned Droga5 went through a round of layoffs this week that impacted around 7% of its U.S. staff.
“Droga5 has made the decision to transition out a number of our people as we continue managing our business for the long term to best serve our clients,” a Droga5 spokesperson said in a statement. “All of those affected will be provided severance benefits. We are grateful for all of their contributions to the agency.”
“We will transition out approximately 7% of our people,” the spokesperson added.
The layoffs seem to indicate the lingering effects of the business impact from the coronavirus pandemic. While the majority of such layoffs occurred during the earlier months of the pandemic in North America, Havas went through a round of layoffs across the U.S. in July, which impacted around 150 employees.
Global consultancy Accenture acquired Droga5 last year. Adweek named Droga5 its Agency of the Decade last December.