IPG Mediabrands To Lay Off 103 Staffers

IPG Mediabrands To Lay Off 103 Staffers

IPG Mediabrands plans to lay off 103 people on Jan. 2., according to a WARN notice filed in the state of California. The Worker Adjustment and Retraining Notification Act requires companies with 100 or more employees to provide notifications of facility closures or mass layoffs 60 calendar days in advance. IPG Mediabrands filed the WARN...

IPG Mediabrands plans to lay off 103 employees starting in January

The business landscape constantly faces transformations, and in many cases, mass or individual layouts become a measure that generates profound consequences both inside and outside organizations. While often justified for economic reasons, reorganization, or market adaptation, the implications go beyond the financial. An example is the recent announcement that IPG Mediabrands plans to lay off 103 employees starting in January. According to Stati…