Two months after laying off 40 employees amid pandemic-era cost-cutting, ICM Partners is letting go more than a dozen staffers in multiple departments.
The Century City-based firm, led by CEO Chris Silbermann, made the new cuts in late August in multiple departments across the agency, which employs around 500 staffers. "Due to the impact of the ongoing pandemic,last weekwe implemented a limited number offurloughs and have also eliminated some positions," an ICM rep said in a statement. "These changes will occur throughout the agency, but are concentrated in business lines that have been most directly impacted by the pandemic." An ICM rep added of the latest round of cuts: "We have provided severance packages, including ongoing healthcare,.
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