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MDC Partners’ Crispin Porter + Bogusky today joined the industry layoff parade and said it would cut 60 staffers — slightly less than 7 percent of its total workforce of 900-plus people — in what the agency described as a response to the increasingly rough economy.
Crispin, with offices in Miami and Boulder, Colo., issued this brief statement Thursday afternoon:
“In response to the current economic climate, advertising budgets are being reduced in virtually every industry. On a comparative basis, CP+B’s business is doing well but we are not immune to the constriction of the economy.
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