Eisner Communications in Baltimore, which traces its roots to an agency opened in 1939, has been closed after more than a year of account losses, revenue decline and staff departures.

Another possible reason for staff departures is that Barneys is in no position to make a public offering of stock anytime soon.

After trustees complained about several staff departures and the cancellations of art exhibitions, Frank L. Ellsworth resigned as president of Japan Society in April 2006.

Furthermore EDS was not integrated with HP's other major business units and it was plagued by high staff departures (in part due to Hurd's pay cuts).

The original president was Bradley Blakeman, though he resigned in March 2008 after a series of high-level staff departures.

But the staff departures also reflect the shift of emphasis away from the Euromarkets.

Most of the director's associates who were approached for comment were willing to speak about the staff departures or pay reductions only if they were not identified.

Between 1998 and 2009, 245 negotiated staff departures and buy-outs took place, causing the inherited $12 million staff cost deficit to disappear.

It did wish to move the social scientists and economists to London, and this forced several staff departures.

"I don't think it was anyone's major reason for leaving," she said of the staff departures.