The World: New York - MPG loses 11 per cent of staff in enforced cuts

MPG, the Havas-owned media agency, has laid off 50 employees, amounting to approximately 11 per cent of its US-based staff.

The cutbacks have been enforced across all of the agency's US offices, including New York, Boston and Chicago.

The move has been imposed by Shaun Holliday, MPG's new North American chief executive, who joined the agency in January this year. The agency cited "tough economic conditions and the need to free up resources to fund growth" as the reasons for the lay-offs.

Following the move, MPG has slightly more than 400 staff across its US operations.