What agencies have experienced layoffs worried they are coming...

likehelpful
likesmart

Was “separated” from my agency today along with other employees in a mass layoff via conference call. Any words of encouragement? It’s my first time being let go 😕

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Those that have been laid off, what was your severance package like?

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Vayner layoffs eh?

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any holding companies with layoffs, furloughs or paycuts yet?

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Were you salaried and then laid off or experienced a pay decrease? I’m feeling alone because all my Ad friends are still working full time and my salary has been reduced.

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CEO’s out there guaranteeing no Covid layoffs, cutting their own salaries and creating employee relief funds. Aside from employee videos, which leaders in advertising are stepping up with actions?

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Few people in the world make more money than Mark Reed, John Wren, Michael Roth or Arthur Sadoun. Cant they offer anything to avoid layoffs?

likesmartfunny

Not sure if if this would be helpful to those furloughed, laid off due to C19, but here is an open source document of agencies currently interviewing. Please edit, add as needed.https://docs.

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At least half of my account got promoted yesterday. Should I still worry about layoffs?

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I just started working a couple of months ago, should I start to panic because I might potentially get laid off? Our account seems to be very busy though.

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Who’s agency has started or is expected to start layoffs?

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Tips for finding full-time jobs or freelance work right now? Coming to terms with the fact that I could be laid off in the next couple of months, and pay has already been decreased.

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Do you work in advertising and have either gotten laid off or a pay cut? If so, was it only sensitive clients (ex. travel) or to all employees?

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Anyone know how Wavemaker is handling corona virus? Layoffs, furloughs, salary cuts?

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What agencies have had layoffs since the pandemic?

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Predictions:
Your agency:
Will you have layoffs, furloughs, salary cuts, or mix?
If yes to lay-off or furlough, what percentage of employees?
Will you lose a client? Who?

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Saturday marked 14 years since I was fired and started my own agency. Getting fired did not break me then and this pandemic is not going to break me now. Stick with it, everyone.

likeuplifting

What specialty loses people first in layoffs? What specialty loses people last in layoffs? Here’s the list: project management, account, creative, strategy, planning, analytics.

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If you get laid off. Do your damndest not to take an offer or even reach out to the low-hanging-fruit agencies. Once you get hired there, you’re there. Take it from someone who is still there.

likehelpful

Had anybody been furloughed/laid off yet?

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Anyone else out there feel like they’re both 1. working harder and for longer hours than ever but also 2. about to be laid off regardless, given the looming economic constraint.

likesmart

OMC, PUB, WPP, HAVAS SVP&EVPs: those of you who got March bonuses : would you be willing to return them to fund salary for employees laid off bc if virus?

likefunny

If we had an advertising union no one would be worried if their projects paused right now because they would have health care and a weekly stipend if laid off. Unionize now!

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IDEA: with layoffs and those who have jobs severely overworked, why not hire a someone laid off to split the load then pay them off the books? Good or bad idea...

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Curious if any of the big hold co agencies have done any layoffs yet - I feel like it’s inevitable , and is clearly happening outside the agency world ...

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Help. Laid off and need a new gig but from what I see everyone is in a hiring freeze. I’m truly scared I’ll be out of work for a solid 6 months given everything. Is anyone still hiring out there??

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Looks like the layoffs are are starting.

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Fretting over the economy right now. In 2008, how long did it take for massive layoffs to begin?

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Feeling anxious, that an impending wave of layoffs is coming. As a way to anticipate, would everyone comment if they have been let go or know of them happening somewhere?

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I just got pulled off a brief and replaced by another writer....am I about to fall victim to Corona layoffs?

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Took an in-house job within the past year for a brand that no one will be able to afford during a recession. Been in advertising 8 years and never been laid off or fired. I am terrified.

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If you are laid off and cannot find a job doing your day job, what will you do? I am trying to prepare a plan b and c. My car is too old for Uber eats etc. curious your thoughts.

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serious question: when agency peeps get laid off due to CV19 is it temporary or bye felicia?

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Could people share some “I got laid off and it turned out to be great” stories? Granted I’m sure none of those stories involve being laid off in a global pandemic like I just was.

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How are companies going to handle layoffs during this time? Hey you’re fired but also can you mail us your equipment ASAP.

likefunny

Can you get laid off remote? Or do they have to wait until we’re all back in the office?

likefunnyuplifting

WFH still unclear and layoffs last week, but sure, send an email about executive level promotions. An A/S person who lost every acct they had in the 8y I’ve been there.

likeupliftingsmart

Related Posts

Is it safe to join PWC india at this point of time. Are we expecting any layoffs?

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Know this may be a long shot in terms of actual responses but:
@PPMDs, what are your thoughts on the current/impending COVID specific layoffs at your firm?

E.G. Glad for the opportunity to reduce the headcount of mid performing SMs with little/no chance of making PPMD? Sad to see a firm you’re a part of undergo such unforeseen circumstances?

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WFH/Layoff/Security
Hi,
CCTC including all benefits is 16.57 with 8.3 YOE, primarily focused on Manual Testing.
Is it worth looking for another opportunity?
I am afraid after seeing layoffs news of EPAM, Publicis Sapient & most of the other companies calling employees in the office.
I love my WFH in PwC India & base location of Kolkata. & the best thing is stability in PwC India, they never lay off!!

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Deloitte FL/PR is turning into a joke.. if firm morale wasn't already suffering from layoffs, they increase minimum hours through December while half the offices are unassigned. Abandon ship.

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

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Anyone have any idea when the hiring freeze might end within AWS ProServ? I’m currently at Amazon and have a TS clearance, PMP & CSM. I come from a Big4 consulting firm with a background in Enterprise Performance. I’ll be honest and say I’m not feeling very safe in my current role with the ongoing layoffs. Instead of leaving, I’d love to go back to my “consulting roots” and join the ProServ team. I’m taking my AWS Certified Cloud Practitioner exam next weekend. Hoping this freeze is lifted soon.

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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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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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Did BCW NY just layoff it’s EA staff?! Seeing a bunch of these names on Connect and very upset that great people were let go!

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M/SM and above, why do you label a meeting as “touch point” or ask if you can have a “quick chat” when it’s something serious? Millennials like us always assume we’re about to get fired - I actually have been laid off in a meeting with that title. But at my new job, my boss asked for a “quick chat” to literally ask me to change the title of a meeting and then chat about christmas. Now that I’m in management, I want to understand it better.

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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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If I need Friday 4-5pm to go to a doctor's appointment, do I need to set a meeting invite to my manager in order not to be fired?

funny

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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Layoffs at Walmart corporate 😬😬

likefunny

We use Deloitte India for a number of parts of our delivery. Recently I have seen some unethical practices that violate labor laws and do not align with Deloitte principles. My manager says it isn’t my problem as they are a vendor but I can’t help thinking I have an ethical responsibility to do something. Any advice as to how to approach this without being fired?

likehelpful

If I just chill on the bench for long will I still only get fired at the end of the year?

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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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Heard bumblings over HH today of a second round of Deloitte Tax Chicago layoffs after busy season. Thoughts?

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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

We have a big project going on and I am the only point person(initiate it, did lot of work, and knows the deets well), seems like my mgr wants to get a headcount. But I want to use this opportunity to get promoted, how can I get this across? Mgr is new(they fired my old mgr), mgr’s mgr is new too(re-org). So not sure if I should/can make a case, or how.

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When to sell at a loss?

I’m 26 and have a fair chunk of my NW tied to Cloudflare - a tech stock that I believe has the opportunity to 3x and become a $100b+ company over the long term. Similarly, I have a lot in cloud computing etf - WCLD.

Given short term rotation out of growth stocks, I’m confused on what to do. I think we still have some time before growth stocks bottom out, but do I sell?

I would consider myself a “long only” investor, but am unsure what to do given my lack of diversif

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What happens if I over contributed to 401k because of a job change ? How do I adjust ?

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1.Wipro will give any hike after completing probation period of 6 months??
2. And is there band change will happen after completion of probation period?
I have joined Wipro as fresher certified SAP SD consultant and my current band is TeamRainbow. Wipro has mentioned 6 months probation period on my offer letter

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Ok, so how bad are the side effects from IVF stim injections and the aftermath from retrieval? Thinking to use some sick or vacation days for the worst times but not sure how many and when.

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Out here in frosty Sioux City Iowa after a long day of meetings.. heading to the casino near my hotel to throw some money around and warm myself up.... who wants in?

funny

Dear Friends, I am looking for an IT Project Manager job. Let me know if you have any opening for this role. Work experience: I have 13years of experience in the IT industry.

Key Skills: Project Management, Customers and stakeholders management, worked on Cloud migration project, worked on new customer transition, Transitioning project to BAU,IT operations

Technical Skills : AWS, Azure, VMware, Windows Server 2012/2016/2019

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Can someone share address for citi gurgaon office please??

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"I don’t like morning people. Or morning. Or people”

Words of Wisdom

likefunny

I find myself in workshops and meetings, groups of 15-20 people, and I’m always the only woman. In my entire department, there are no other women. I’m getting to the point where I’m feeling defeated and burnt out. I’ve been working in male-dominated environments my entire career (over 10 years) and I’m losing motivation. Any tips or words of advice to get out of my mental rut?

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I’m working at an insurance defense firm, trying to target my practice to L&E. I’m overworked and underpaid, but gaining valuable experience I hope to pivot toward an eventual in-house counsel position. I recently was offered an opportunity to lateral to a national firm for a significant pay increase (150% salary increase, much better benefits, hybrid WFH options). Problem-I would be shifting gears to Toxic Tort. I’m torn between my passion and the money. I’m a second year associate. WWYD?

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Overseas on a study and finding a hot expat to help me with some in-room dining.. sometimes we get food. This job is alright sometimes

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Hi folks,

Am planning to put a paper in November as am having 90 days of notice period so my last working day will be on January next year. as per current market and next year recession is it good to do this now?

Tech stack: java Fullstack developer

Please pour your suggestions

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