Boulder- and Miami-based ad agency Crispin Porter + Bogusky announced plans to lay off about 60 employees, or nearly 7 percent of its workforce, due to “the current economic climate (and) advertising budgets (that) are being reduced in virtually every industry.” It is not clear how many of the firm’s 500 Boulder-based employees might be involved.
As expected, Denver Post publisher MediaNews Group has expanded its employee furlough program, adding media properties in Texas, New Mexico, Minnesota, Massachusetts and New Hampshire. The program requires employees to take week-long unpaid leaves in an effort to reduce payroll costs. While the company has not yet required Denver Post employees to take furloughs, it is currently negotiating with the paper’s union representatives in an attempt to cut pay and benefits to the tune of $2 million. And you can expect the furloughs to be part of any deal that is reached.
The battle over DIA’s Blue Mustang Sculpture has spilled over nationally. This morning’s Wall Street Journal offers a front-page feature on Rachel Hultin’s Facebook campaign to get the horse removed that includes a spirited defense from the artist’s widow.