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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 notice on Oct. 30, saying 103 employees will be permanently laid off from its media buying unit on Jan. 2.
Layoffs at IPG come on the heels of its mega-merger with Omnicom Group (IPG), announced earlier this week.
An IPG spokesperson said that the layoffs were the result of a client loss, and not due to the merger.
