The World: New York - BBDO and PHD lose staff as Chrysler cuts spend

The decline in advertising spend of the Chrysler Group, the car company that owns brands including Jeep and Dodge, has forced its roster agencies BBDO and PHD to lay off staff.

Just three months after laying off 145 people, BBDO will cut another 50 workers, amounting to around 10 per cent of its workforce. PHD has released 30 people, about 15 per cent of its staff.

Meanwhile, WPP Group's Enfatico has cut 8 per cent of its staff, equal to 80-100 people, and IPG's The Martin Agency has lost about 5 per cent.