Do the executive layoffs at mccann health mean that pharma is now hurting too? (Asking for a friend who just moved into pharma after avoiding it for 5 years ok it’s me)

likefunny

Should an ad agency be able to thoroughly check my references and ask for my entire employment history (including why I left each job) before agreeing on a salary?

I’ve had 7 interviews, met every stakeholder, was initially approached by one of them, who will be my boss. Plus I’ve had great feedback after every interview.

I was laid off from my previous job because of COVID so don’t have a ton of leverage. But that shouldn’t make me powerless. The process just seems like overkill.

Thoughts?

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Curious from agency leaders, what’s the better strategy? Pay cuts/long term salary freezes, but limiting layoffs as much as possible VS. having furloughs/layoffs and being able to provide promotion and raise opportunities.

I’ve experienced both at different agencies, and have been saved and burned by both sides. Would love to know everyone’s thoughts!

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I recently accepted a new role after being laid off. I feel really blessed to have found a job in this climate. My new boss is wonderful! However, the role itself isn’t in the direction I want to go. I’m struggling with feeling guilty for continuing to job search. Any advice on staying somewhere for a good boss vs. switching jobs so soon?

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Going on 5 months since I was laid off and I’m slowing losing hope. I’ve exhausted all my contacts, my network, people not even in my network. I feel that I’m never not looking and I’m running out of options. I know I’m not alone by any stretch but somehow it doesn’t make it easier.

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Question for others who are looking for work due to COVID layoffs: what are you doing to make some money until agencies start hiring again?

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Are lay-offs still happening?? I heard that Wongdoody just laid off 14 or so. Any others of late?

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Has anyone had unemployment benefits rejected?! I found out today that after filing for 9 weeks, they’re saying I’m ineligible due to receiving severance. I know others who received severance & got their benefits already. I’m going to appeal but welcome an advice from anyone else that has had to fight to get their money!!

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I’ve seen a number of posts on LinkedIn lately from recruiters who are complaining about being ghosted. I’ll let that sink in. Laid off recruiters, seeking work, are complaining about the terrible way they are treated after starting the interview process. THE IRONY.

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Anyone else finding it strange when people post on LinkedIn that they were laid off and then tag the company thanking them for the time they did have? The company doesn’t give a shit about you - maybe your manager did, but the company would lay you off again in a heartbeat given the chance. Stop being loyal to a corporation

likesmart

It’s so nice that every agency laying off people, have those left standing (and other agencies) trying to hustle jobs for their unemployed friends, but there are also a ton of people who were unemployed prior to Covid...so no severance, job hunting lot longer, and not earning income for longer time...hurting even MORE due to quarantine.

likesmarthelpful

With the W&K layoffs ...
1. Recruiters are getting psyched.
2. Freelancers are even more unnerved.
3. Axe will fall on people phoning it in at other shops.

What are your other predictions ? People leave ad game altogether?

likesmartfunny

Has any agency NOT had layoffs?

likefunny

People with young families...what goes through your mind when you get laid off and is everyone with a job thinking of a backup plan in the case they lose their job?

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Laid off with most of my team. Really frustrated with corporate leadership in general, watching them protect overhead over employees.

If I had access to capital and RFPs, I’d build a collective of teams to respond to briefs, pay everyone a flat fee for participation, have everyone pitch in competition, and winners oversee execution. Just get rid of all the overhead, bonafide meritocracy. Anyone work at V&S or other crowdsourced agency experiments? Why did they fail?

likehelpful

People without partners are usually laid off. Why?

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Apparently LinkedIn laid off 1,000 people today 😢

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It’s been 5 months since I was laid off and it’s starting to really eat at me. It feels hopeless some days. I know I’m not alone, but wow this sucks.

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I was trying hard to get a new job in NYC before pandemic but obviously had to put all that on hold. Now I’ve been at my first agency for over 3 years now and am worried I’ll be pigeon-holed in the niche creative I’ve been doing. I still want to go to NYC eventually but don’t know when or how. Should I just be counting my blessings that I have a job? Is it awful that I almost wish I was laid off so I could finally just jump ship and move to NYC and make it work?

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Crispin has layoffs a couple of weeks ago. They announced it at a virtual town hall. The CEO did the usual “good people, hard to see them go” routine. Then he pivoted to the fact that he had safely made it to his Swedish vacation home and proceeded to walk around with his laptop and show it off to everyone.

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Hello there, i’m wondering if anyone on this group has experience opening your own agency? I was laid off in April and had been freelancing ever since. I have been luck enough getting a few projects without really seeking people out while slowly interviewing. In the back of my mind I have always wanted my own agency. How do you get more clients and dealing with the sales/pitching process on your own? also as WOC i don’t feel like have the right network to tap into for higher earning projects

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Caveat: *10000% pro-BLM, diversity in workplace & anti-hate/mean people/inequality/racism* & so this isn’t “HOW DARE THEY!?”—just observation: 2x last two days I’ve been overtly told straight middle aged white males need not apply (to a CD/ECD job). Am I glad agencies are truly focused on diversity hires? Yes. Does the “taking care of my family & not losing our home” thing terrify me after a COVID layoff? Yes. I know many will say “🖕🏻welcome to our world” & I get that 100%, but still hard to hear

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Heard there are going to be big layoffs across Omnicom's agencies. Anyone have details?

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Are more layoffs coming? 😭 do you think companies can afford to lay off even more people?

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Do you think more agency layoffs are on the way, or are we now in the recovery phase?

likehelpful

Feeling really down and anxious about the fact that a few of my close team members were laid off. Tips for adjusting into my new work environment and continuing to job search without feeling so anxious all the time?

likehelpful

Laid off. Wha wha. Anyone hiring out there?

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Laid off folks: what was your severance like? Particularly interested in people who’d worked for their agency < 1 year. Did you get anything at all?

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Does anybody know which agencies got PPP loans and then had layoffs? Were you at one and/or a layoff casualty after an agency PPP injection?

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Four layoffs in four years. I think I’m finally done with this business.

likehelpful

So unemployment in NY … my severance was 2 weeks pay. Because my severance is 7 times my weekly UI benefit, that means I can’t receive UI for 7 weeks? If so, I got royally fked.

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Welp, just got laid off from Havas. Who is hiring?

likehelpful

Newly laid off with little in the way of prospects due to the economy. Does anyone have advice on negotiating a severance package or hiring an employment lawyer to do so? The company I worked for have a very poor package (two months pay for 8 years of service).

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How’s WKNY doing these days? Heard about the layoffs in London

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Hey, what’s working at Grey like these days? Going strong? Layoffs? Killing it creatively? Shark Tank?

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Just want to thank the people in this bowl for giving me advice on several posts awhile back post-COVID layoffs. Had taken on 2 other (senior) people’s jobs/duties and then successfully managed and executed 3 major projects, I finally asked my new boss (team lead) about a title change and I’m glad I did! It was definitely something he had not thought about but could see the clear reasoning behind it and was willing to go to HR to ask if it was possible.

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Recently laid off - is it better to be upfront about your current work situation in resume and job applications or should you appear as though presently employed? Feels like less of a stigma right now due to covid but wondering what’s best practice.

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Related Posts

Laid off after Thanksgiving. 54. Not done yet. Plenty to offer. In Detroit but ready and able to move anywhere. AD/CD. Hangin in there. How bout you?

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After 10 years of working as a FTE PM/producer I’ve now been laid off (thanks Covid) and am looking to start freelancing for the first time. What advice do you have for a new freelance PM/producer?
Also, what kind of insurance do you take out as a freelancer?

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So are the layoffs at Deloitte over ?

Deloitte US just announced layoffs. Any other B4 started layoffs too ?

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Dad got laid off. Drinking got worse. Attempted assault on sis and mom. Had to put up in hotel. No clue on next steps (legal and personal). Project is complete shit show and SM is not getting it. Idk man...

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Ratings on three projects - 3,2,2. Utilization - 90%... Proposal hours - 15... Firm activities - 43 hrs... I then get a YE rating of 4 😕 ... How worried I should be regarding the layoffs???

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I’m a Junior accountant, recent MBA grad in Finance, located in NYC, just got laid off due to a merger. Anybody hiring or know any opening positions?

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Most staff/sr assoc would make 80% of salary for the next 4 months if fired & yet firms are considering pay cuts.

Like at this point just fire me idk what kool aid some of you are drinking

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Heard BCG laid off quite a few people this summer. Is this true?

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What are some concrete reasons why someone in consulting would be fired, other than the obvious stupid things?

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I got an email from a Cybersecurity Advisory Partner with the subject "Catch-up". Last week we all rolled-off from project abruptly b/c the client terminated the contract. Am I getting laid off?

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Can I join in Nokia R&D unit for java, spring boot backend developer role considering current situation of layoffs in product based companies ?

Exp - 4 years
Tech stack - Java, Spring Boot, Microservices

EPAM Systems Cisco Nokia Dell Deloitte Deloitte USI Deloitte India Infosys Cognizant KPMG EY PwC Verizon Verizon Media Ericsson Huawei Technologies

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Hey everybody. Got laid off at D. BTA within strategy and analytics. Mostly LS/HC experience. Anybody can help out with a referral anywhere? Thank you!

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Hi, received an offer from another Big4 in Amsterdam (currently working in Eastern Europe), but relocating, I’m concerned about potential layoffs in the coming period being the last to join the team.

If you get laid off when you’re in the middle of an interview process elsewhere, do you tell the prospective employer?

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Joining EY soon. Should I be worried about layoffs happening supposedly in June/July?

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Laid off, any tips on how to gain experience/sharpen resume while job searching? I was in a project management support analyst role/ Venture capital sales role. I’m thinking of getting certifications to increase marketability

likefunny

Assuming this causes a recession like in 2008, and many people get laid off, how long to take to find another similar paying job? I’m currently a strat manager in FS. Scared for job.

likefunny

Just heard EY is about to make more layoffs in audit too

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Can partners comment whether Pwc is having another round of layoffs. This is so scary! Shouldn't they rid of partners who can't sell first?! Or pause hiring? Opp. cost to find and train talent again?

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Additional Posts

I’ve been working in finance strategy / transformation consulting for the last two years and would like to pivot into construction project management. Looking to get some insights of if something like this is even feasible or if anyone else has done something similar.

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Salary expectation for secret clearance + security +?

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Got offered a Cartier Santos w/ box at $2350 and was wondering if I should pull the trigger. Only thing is that it’s the Quartz version

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Does anyone have intel about culture at Goldman Sachs? Their latest CD position looks appealing, but finance can be so damn dry.

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Can you pay for tolls with the tx tag?

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Workday HCM Consultants who switched between Accenture and Deloitte, which one would you rate better in terms of work culture , wlb and opportunities. I have offer for S..CON role in D and Associate Manager in D.

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Any idea what the pay progression Is like for solution consultant at ServiceNow - roughly what the pay bands and commissions Are like ?

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When do you think associates are usually let go in small practice groups that are currently being overwhelmed with work? Is it when it starts to slows down or when they already have a candidate to replace you? Just trying to figure out how long I have after annoying a partner 😂.

Hi , what is the approximate ideal salary for an AVP Citibank with 7YOE ? London office Citi . The department is secondary loan market

likesmart

Anyone willing to refer me for a mid-level compliance role based in London?

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Hello! Can anyone please provide insight into the interview process for the Senior Strategy Consultant Role? Thanks!

How are the hikes at CGI ? any avg %?

Hi Sharks,

I have 3 offers cognizant, persistent and virtusa
Tech stack- front end developer/ react js
CTC offered - around 30 LPA in all three.
YOE - 6.3 years

Please share ur thoughts which company to join considering onsite opportunity, work life balance and job security. Joining is in one week.

Thanks

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I’m interviewing for final round of the entry level area manager position at Amazon. I’m working on multiple stories related to the leadership principles. Can anyone provide me some tips regarding the role?
There are 16 leadership principle and I’m thinking of creating some stories around each but the thing that concerns me is what if the questions they ask are related to the same principle and I might have already used up my stories. Something like that. Can anyone please help? Amazon

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Hello Guys, I am basically a mechanical graduate and works in an operation and management role with 4+ years experience. Due to my passion, seeking to study a PG diploma course in mobile and web development as an international student in Canada. Can you guys share your opinions and view.

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Anyone know how to be selected for Prestige 40 under 40? Don’t think can apply

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Exam tomorrow - super nauseous which makes me even more anxious 🥲 anyone get this and how do you cope?

like
like

Hi! I had an interview from a company as a graphic designer. They have moved my application forward and gave me a designer task. I have been following up and they always said that they are still reviewing all the other task from the candidates. They said they will give an updates twice after following up every week. I had the interview and task 3 weeks ago. Do you guys think that I still have a chance?

Thank you ❤️

Which among WITCH has SAP data intelligence practice/ projects.

Thanks !

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