7% Staff Cut at Grey N.Y.

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BOSTON WPP Group’s Grey today cut “less than 50 people,” or approximately 7 percent of its New York headquarters staff, as it girds for a restructuring under worldwide chairman and CEO Jim Heekin, an agency representative said.

Roughly 600 employees remain at the New York flagship office.

The cuts impacted all levels and departments, and amounted to slightly more than 5 percent of Grey’s overall national staff.

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