RICHMOND, Va. — Richmond’s resident ad giant has announced another round of layoffs – the second time it has trimmed its workforce in six months.
The Martin Agency informed its staff Tuesday it is laying off 21 employees – 16 from its Shockoe Slip headquarters and five from its New York office.
The reduction represents 4 percent of the company’s workforce, which now stands at 413 in Richmond and 450 companywide, including offices in New York and London.