Ad Agency Layoffs: 200 at BBDO

Hamilton Nolan · 12/18/08 04:12PM

Massive advertising/ PR/ marketing conglomerate Omnicom (the most appropriately sinister name in the industry, btw) leaked word yesterday that they're planning on laying off 5% of their workforce, about 3,500 people. And now the axe is swinging—we hear that 200 staffers were just laid off at ad agency BBDO. "They have till the end of the day to pack up," notes our tipster. Better hurry, guys! No word on whether the BBDO sex tape participants were counted against that 200.