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LONDON - Consignia chief executive John Roberts has issued a hasty statement, backtracking on its announcement that 30,000 jobs were to go, by stressing today that no final decisions had been taken.
LONDON - John Roberts, chief executive of Consignia, formerly the Post Office, has told MPs the company is set to cut up to 30,000 jobs in the next 18 months, representing 15% of the company's 200,000 workforce.
LONDON - Consignia, the rebranded Post Office, has seen its first-half operating loss increase from 20m to 100m.
LONDON - Search engine Overture, which rebranded from GoTo.com last month, is to launch a marketing campaign to highlight the benefits of search marketing services.
NEW YORK - DoubleClick, the online advertising sales company, has said it plans to cut more jobs as it reported worse than expected third-quarter results, with a loss of 103.5m ( 71.6m).
LONDON - Consignia has revealed that it will close down 59 of its 70 call centres throughout the UK, with the loss of up to 250 jobs.
NEW YORK - Kevin Ryan, the CEO of DoubleClick, has said he does not expect the advertising market to recover until at least next year, as a result of the global economic downturn.
While the advertising industry feels the current downturn is something it can pull through without too much damage, in the second part of Brand Republic's advertising health check, industry analysts are not so optimismtic.
LONDON - Shares in online advertising company DoubleClick fell by almost 10% after the company warned that its third-quarter revenues would fall below analysts' expectations.
US business-to-business application service provider Bluetie has appointed New York agency Jay Advertising to its roster list to cover advertising, direct marketing and public relations.
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