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Ad agency subtracts.(GSD and M)(Brief Article)

Austin Business Journal

| December 22, 2000 | COPYRIGHT 1990 Austin Business Journal, Inc. (Hide copyright information)Copyright

Austin advertising firm GSD&M recently cut 30 positions in anticipation of a slower year in 2001.

"In a business like advertising, we have to anticipate business trends in a number of different industries," says Eric Webber, a GSD&M spokesman. "This slight reduction in our workforce -- and it amounts to less than 5 percent -- is just our reaction to how we think things will go next year."

The cuts were spread throughout all departments and included a wide range of positions, including some in the Austin-based …

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