NMS Lay-Offs Claim Approx. 5% of Staff

As you well know, news media isn’t the only industry feeling the economic burn. FBDC has confirmed that New Media Strategies; the company that employs/has employed heavy hitters and ex-media folk such as Howard Mortman, John Henke and Soren Dayton experienced a round of layoffs on Wednesday.

A rep for the company said “NMS continues to experience growth – the lay-offs claimed mostly junior associates that accounted for less than five percent of their 100+ person organization.”