TVNewser TVSpy LostRemote SocialTimes AllFacebook FishbowlNY FishbowlDC PRNewser 10,000 Words GalleyCat UnBeige MediaJobsDaily

GSD&M Cuts Approximately 10

Business blog The Statesman reports that thanks to the loss of Norwegian Cruise Line, which is now in Martin Agency’s hands, GSD&M has cut about 10 staffers. The Austin-based agency, which currently houses just under 500 employees, also cited “organizational changes” as a reason for the layoffs. NCL as you know ended its six-year relationship with GSD&M in early January.

As for tipsters saying that the agency is bringing in income by subletting space to the likes of Gas Pedal (moved in last summer), Porter Novelli (an Omnicom firm) and STG (designed the Idea City building), we’ve been told that GSD&M “uses their services” and the idea was to “build it like a city.”

Update: We’ve been told by sources that one of the 10 (or close to it) let go was Greg Lane, who oversaw the creative department from an operational standpoint.

Mediabistro Course

Here Are All the Black People

Here Are All the Black PeopleOn September 24, land your dream job in advertising and design at the premier multicultural career fair taking place at the Metropolitan Pavilion in NYC. Workshop your portfolio, attend mentoring sessions, learn from industry leaders, network with your peers, and most importantly, launch your career. Register now!