Droga5 has laid off about 5 percent, which is approximately 40 people, in its New York office.The layoffs were across all major departments at the agency, including several people in HR. Droga5 declined to comment on specifics around the job cuts.”Droga5 has made the difficult decision to reduce its workforce in New York by approximately 5 percent in order to reshape the business in line with current business demands,” an agency spokeswoman said in a statement. “We express our gratitude to the affected employees for their many contributions to Droga5.”
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Source: Ad Age – News