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Friday, February 6, 2009

Crispin Cuts 60 Jobs

Crispin Porter + Bogusky, a MDC Partner, announced today that they would cut 60 staffers, or nearly 7 percent of their total workforce of 900-plus people.

Crispin, with offices in Miami, FL and Boulder, CO, issued this brief statement Thursday afternoon:

"In response to the current economic climate, advertising budgets are being reduced in virtually every industry. On a comparative basis, CP+B's business is doing well but we are not immune to the constriction of the economy.

Our two main responsibilities are to our clients and to our employees. And in order to most prudently manage our business, we have taken the difficult step of reducing our staff by 60 of our 900+ employees.

We do not anticipate any further staff reductions. These are extraordinary times and we hope that we will not have to do this again."


Read More: Crispin to Cut 60 Staffers.
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