Agency.com Lays Off 350

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Agency.com says it will lay off 350 staffers, or about 25 percent of its global workforce, in a restructuring move meant to “more properly align its capacity with the demand for interactive services.”

Additionally, Agency.com founders Chan Suh and Kyle Shannon said they have agreed to sell their shares in the i-shop to an e-services holding company formed last month by Omnicom Group Inc.

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