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With the loss of one client and another contacting agencies about its business last week, Foote, Cone & Belding could face more layoffs here.
Geoff Thompson, the office’s new chairman, chief creative and chief executive officer, laid off 35 staffers a few weeks ago after a string of account losses that started with Levi Strauss & Co. last year.
The agency lost planning and buying duties for the $20 million corporate image business of Seagate Technology to Carat Freeman, San Francisco, when FCB vice president and media account director Julie Rieger moved there a few weeks ago (FCB retains creative duties).
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