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|Wednesday, February 15, 2012|
Wieden+Kennedy laid off about 40 people as a result of losing the Target Corp. advertising account.
"This is never something we like to say, but yes we are in the process of layoffs," a W+K spokesperson said in an email to the Oregonian earlier this week.
"As a result of the loss of the Target account, we are making some adjustments to our staffing that reflect the loss in revenue. Yesterday we sadly parted ways with a number of valued employees from a variety of disciplines within the agency."
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