Creative agency BMF has made about ten staff redundant, due to slowing revenue and restructures at the agency.
The redundancies mean the agency had shed approximately 5% of its workforce.
BMF chief executive Jeremy Nicholas confirmed the move to AdNews.
Nicholas said the move resulted from two factors. “Firstly, we restructured the agency last year, so there were some efficiencies gained there.
“Secondly, there has been a reduction in revenue. It's tight across the whole market, so we had to let some people go.”
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