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Kolar Lays Off 19 Employees

Kolar Advertising has laid off employees for the first time in its 20-year history. Nineteen of the firm’s 89 employees have been laid off. Those laid off are getting a severance package and outplacement. Two of Kolar’s major clients, the US Army and 3M, have cut back on ad and marketing spending. Founded in 1989, Kolar is the [...]

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Feds: Ad Agencies Lost 24,100 Jobs in Recession

According to information from the Bureau of Labor Statistics at the US Department of Labor, the nation’s advertising agencies have lost 24,100 jobs since the recession began last year. Advertising Age used the government numbers to determine that, factoring in all advertising related media jobs, the total job loss for the period is 65,100. According to BNET, [...]

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