We Hear: CP+B Didn’t Lay Off Any Creatives

By Matt Van Hoven 

Update: “A close friend of mine… mentioned to me that there were two creatives let go, but that they ‘safeguard that department’ and that’s why more weren’t in the layoff mix. At least that’s what I heard.”

Following up on yesterday’s news of the 60 layoffs at CP+B, and furthering our notion that this move may have been a “cover” to bolster the bottom line, AgencySpy has learned from a source close to the matter that not one member of the creative staff lost his/her job. Just sayin. Is our source wrong? E-mail matt@mediabistro.com to correct us.

More: “Are Agencies Using the Down Economy As Excuse to Cut Dead Weight?

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