CHEP Network has made a series of redundancies following the Telstra account loss.
The agency was dropped from the Telstra creative account in a closed pitch, along with The Monkeys and DDB.
Telstra is moving away from a traditional agency roster for what it calls +61, bringing together independent creative studio Bear Meets Eagle On Fire and Omnicom's TBWA.
"CHEP can confirm that a number of roles were recently made redundant across the business," a CHEP Network spokesperson said.
"Out of respect for those involved, we have no further comment to make."
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