Layoffs Expected at Leo Burnett

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CHICAGO – Insiders say that at least 3% and possibly more of Leo Burnett Co.’s 2,200 staffers are expected to be cut loose over the next couple of weeks either through early retirement or layoffs. So far, insiders say that roughly 25 staffers were given the option to accept early-retirement packages, which sparked rumors of a big layoff in the coming weeks. A spokesperson would only say, ‘We are in the midst of the 1994 planning process.



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