The incident was first reported in Advertising Age last month.
Advertising Age reported that it could total $18 million by the end of 1995.
Advertising Age has published a single national edition for decades.
It is the 28th-largest agency in the world, according to Advertising Age.
Advertising Age reported that the layoffs totaled 50 to 100 from a staff of 1,370.
News of the negotiations were first reported in Advertising Age.
It was named agency of the year by Advertising Age in 1983.
Now you see one reason why Advertising Age published the issue.
Advertising Age called it the fastest-growing agency in the nation.
Advertising Age asked readers to speculate on the ad's meaning.