Wasserman’s Laundry Service Parts With CEO Jason Stein and Lays Off 40-60 Employees

Creative agency Laundry Service and its production wing Cycle went through a large-scale "restructuring" today, parting with founder and CEO Jason Stein as well as dozens of staff members. Wasserman, the talent management company that acquired Laundry Service in 2015, confirmed Stein's departure in a statement. It also confirmed that three leaders will succeed him:...