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Local ad agency closing, many to lose job

Updated: Thursday, 28 Apr 2011, 8:13 AM EDT
Published : Thursday, 28 Apr 2011, 7:28 AM EDT

(Fox 25/MyFoxBoston.com) - A Boston advertising agency whose clients once included GM, Napster, Sears, Gap and Anheuser-Busch is closing.

Modernista announced it will shut down on Friday, which will put nearly four dozen workers out of jobs.

The boutique ad agency opened in 2000 and employed 150 people at its peak.

Since then, its founders say they suffered from the recession.

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