JohnstonWells has grown to be the largest public relations agency in Denver, but even it hasn’t escaped the effects of the softening Denver market. The agency let three staffers go in the past few weeks “after looking at our projections and evaluating the economic realities many companies are facing,” according to President/COO GG Johnston.
And JohnstonWells isn’t alone. Last June, Schenkein reduced its headcount by nearly one-third, and a number of agencies continue to quietly downsize through attrition.
