Hill Holiday Trims Ranks

Boston-based agency Hill, Holiday, Connors, Cosmopulos Inc. has cut about 20 jobs in recent weeks, according to the Boston Globe.

The cuts are in anticipation of reduced spending by client FleetBoston Financial Corp., which is merging with Bank of America Corp. The agency has a staff of about 800, according to the Globe.

Charlotte, NC-based BofA reportedly spreads it work among 15 agencies within the Interpublic Group of Companies, of which Hill Holiday is a member.