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Layoffs Hit MVBMS, Tribal DDB

NEW YORK&#x2014&#x003B;Messner Vetere Berger McNamee Schmet terer/Euro RSCG has laid off an undisclosed number of staffers due to its loss of three-year client, J.P. Mor-gan &#x0026&#x003B; Co., sources said. Ad duties for the financial institution, which merged with The Chase Manhattan Corp. in January, were consolidated at Chase’s lead agency, FCB in New York, earlier this year. J.P. Morgan spent about $35 million in media last year, per Competitive Media Reporting.

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