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I’m not privy to anything unfortunately. As far as I know the marketing budget was “final” and then clawed back for re-review. Still haven’t heard anything about the budget and we can’t move forward on anything right now. My whole team is nervous about this. I wonder if layoffs are coming? That’s always my number one concern. I just want to keep my job.
Leadership doesn’t agree with our own Pulse Survey (something like only 7% of CEOs think a recession is likely). They’re just expecting headwinds and being super conservative. On the sales side, they even REDUCED some account teams’ FY24 goals after planning was over. Never has happened in my 8 years with the Firm. They ALWAYS come back after you submit and ask for more.