Lowe Cuts 24 From N.Y. Office

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IPG’s Lowe last Thursday confirmed laying off 24 employees across all departments. That accounts for about 5 percent of the agency’s New York office staff of nearly 470 employees. The layoffs included senior managers up to the evp level and came as a result of recent client losses, including a substantial part of Unilever’s Omo business and Century 21.

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