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NEW YORK-Agency.com joined the layoff parade Thursday, announcing plans to let go about 190 employees and close its Vail, Colo., office as part of an effort to save $12-16 million next year.
“We are taking this opportunity to realign our business to respond to the rapidly changing demand environment for Internet consulting services,” said Chan Suh, chairman and CEO of the New York-based interactive agency. “We are taking these steps now to protect our profitability and in an effort to align our business to deliver revenue and earnings growth in 2001.”
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