Edelman Public Relations, a Chicago-based firm, is closing its offices here, reportedly in an effort to reduce costs. The company, which has 14 offices, is also closing its Austin, Texas branch. The office here focused on clients in the financial services and technology industries.

Aztec Technology Partners Inc., which was headquartered in Braintree, MA closed its offices and laid off all of its 535 employees after the U.S. Bankruptcy Court for the District of Massachusetts refused its request to use cash collateral to continue its operations and to pay employees. The company also closed its four subsidiary companies.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.