12639: Rosetta Reductions Reek.

AgencySpy noted layoffs at Rosetta, the awful digital agency acquired by Publicis Groupe in 2011 and ultimately folded into the Razorfish Global turd pile. Since its acquisition, there have actually been quite a few Rosetta reductions and restructurings, as is often the case in such purchases—all of which makes Publicis Groupe CEO Maurice Lévy’s contention that there will be no layoffs resulting from the recent Sapient acquisition total bullshit spread on a stale croissant.