We're running out the door, but wanted to give you this piece of info about McCann SF before the day ends. Straight from the source:

"Yes, there have been layoffs — in both the creative and account departments. From what I've heard there will be at least another round of layoffs, possibly more. When all is said and done it will probably amount to about 40 SF people losing their jobs. The layoffs will hit all departments across the agency — Creative, Account, Finance, Production, etc. And...This is before any layoffs stemming from the possible loss of the Office piece of business. If CPB steals that away from McCann, expect to see another sizable number of layoffs."