We’ve received confirmation from the Organic camp that the Omnicom agency’s Toronto office will be shutting its doors “later this spring” (spies say it could be as soon as the end of this month). The main reason: The loss of Bank of America (its biggest client), which decided in January to expand its relationship with Starcom, thus ending a five-year alliance with Organic. A spokesperson for the agency adds, “We are sad about this and trying to handle this as compassionately as we can.” The total number of staffers at the Toronto office wasn’t disclosed. The Canadian operation was opened in 2000.
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