Chief Executive Officer Discussions
Layoffs

I have awesome creative work from a client that has fallen into scandal. Specifically, they were a recently acquired beverage company who’s CEO was in a sexual scandal and then the company went into layoffs and rushed get more investor money to try to salvage the business. Needless to say, it didn’t work but the brand got sold to some super conglomerate.

All this to say, do I put the good work in my portfolio? Do I keep it password protected? What would you do?

Anybody has had any major client business related fails. For me an interesting one was we questioning CEO why they have not done (a rather obvious) cross sell to which he actually replied ‘we didn’t get around to it, but that feels like a good idea and an opportunity’ it probably costed the firm about 10-20% in profit p.a. for 10 odd years. I was amazed and horrified at the same time that he said it coz I would have been fired for much less

I work for a small boutique firm with ABYSMAL and TOXIC culture. The CEO has a habit of firing anyone who questions/disobeys him (he fired 40+ consultants since concis started)

5 consultants (incl myself) quit in the past 2 weeks leaving the firm with less than 10 consultants. I’m loving this karma

Sooo we just had a town hall with the managing partner/CEO and I don't know if it was intentional, but the background was his MASSIVE, palatial country/vacation house. Am I wrong for feeling that this he was a bit out of touch? Especially since many of us associates are still scrambling for work and we're under constant fear of being laid off.

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.

Accenture CEO said on earnings call that accelerated performance cycle will help manage low performers at greater pace if need to pull levers.
More layoffs are incoming soon.

About last layoffs, we didn't do any layoffs it's cost adjustments mostly in operation centers and restructure due new growth model. 🤷‍♂️

How reliable do we think the Deloitte Tax CEO’s “intel” is on the other Big 4 doing layoffs?

I got laid off because of covid and need to discuss the severance package with my ceo tomorrow. Company offers 6 months, I want more as it probably will take much longer to find a new job.
Any tips for a conversation like this? I’m normally a strong person related to my work but feel very uncomfortable and uncertain right now. He is a good talker and I’m afraid he will walk all over me.

CEO is hosting a town hall on Zoom to say there will be no layoffs and no salary cuts and someone has just used the chat to ask for a stipend to buy a chair. This is why we can’t have nice things

Why are the only big-name layoffs Creatives? No agency president, CEO or CFO who left their agency unprepared is being fired?

Interviewing w/ IBM Watson Health...

Anyone have feedback on the firm / direction?

Curious about brand new CEO...firm has acquired a lot in healthcare recently, but also had major layoffs last year

Is it weird that my CEO has not issued any communication to the company about the impact of the pandemic and what we are doing? Meanwhile, people are being laid off, furloughed and taking pay cuts.

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?

Anyone else a member of bsc? Finally got an email from them today but no answer on how they’re treating recurring charges while they’re closed and read article that ceo laid off every single employee

McDonald’s fired their CEO for having a relationship with an employee. How many agencies would have their leadership decimated if this was a rule in advertising?

Fired for a bullshit reason by a sociopathic boss so he could make a political play and hire a lady to look good to the CEO. He was promoted quickly after. Any tips for moving on. Still feel wronged

So I’ve had two interviews at a start up, one over video chat and the other was two hours long in-person with the CEO and the co-founder, but during the process I was laid off from my job (continued)

CEO: “You have a choice: Either toe the line and accept this is corporate America or...”

Me: “What’s the severance package?”

CEO: “Generous.”

Me: “I’ll do that. Right, I’m off to the bar.”

No matter how much good feedback I get and how well received my work is by clients, I constantly assume I’m about to be called in to the CEO’s office and fired.

Why is that?

Agency CEO: This is a family... but if our annual profits are only 5% instead of 7%, you’re fired. 🤔🤨

So what do you say to your CEO at his farewell party, after he gotten fired?

Sexism story: ceo calls team into office with org chart in private - points at all the female SVPs "they're really VPs but we call them SVPs for optics, let me know if you need them fired"