Griffin Bacal cuts two thirds of staff

- Omnicom Group's New York-based advertising agency Griffin Bacal is said to be cutting up to two-thirds of its staff in the wake of losing its prestigious account from toy manufacturer Hasbro.

- Omnicom Group's New York-based advertising agency Griffin Bacal is said to be cutting up to two-thirds of its staff in the wake of losing its prestigious account from toy manufacturer Hasbro.

Industry sources say half of those laid off will be transferred to parent agency DDB New York, which takes on the $100m Hasbro account, previously shared between Griffin Bacal, Grey Worldwide and Rotter Kantor.

Hasbro also moved its $80m games business, the bulk of which was previously handled by Griffin Bacal, at Grey and Jordan McGrath Case & Partners/Euro RSCG.

The others will be laid off. The move sees Griffin Bacal shrink from 75 to 24.



Topics

Subscribe to Campaign from just £57 per quarter

Includes the weekly magazine and quarterly Campaign IQ, plus unrestricted online access.

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
Marks & Spencer moves ad account to Grey London
Share

1 Marks & Spencer moves ad account to Grey London

Marks & Spencer has appointed Grey London to its £60m UK creative account, ending its 16-year relationship with Rainey Kelly Campbell Roalfe/Y&R.

The top 10 brands favoured by Remainers and Brexiters
Shares0
Share

1 The top 10 brands favoured by Remainers and Brexiters

Marketers can learn about our divided nation by examining the brands that appeal across the voting referendum voting split, says Emily James, chief strategy officer at Rainey Kelly Campbell Roalfe/Y&R.

Just published