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Sadly yes. Heard about 25 people impacted. One of whom was the Director of Inclusion. Every shop has it’s reasons, but on the surface an independent shop cutting their DEI leadership had me SMH…
Is there any diversity in their leadership?
I can't be the only one who is wondering what's A&L
A&L will forever be Anderson & Lembke. IYKYK
Yes. Real.
A&W Root Beer
I don’t understand independents doing layoffs at the moment. You have serious leverage for the next promotion cycle and have the benefit of keeping people with historical knowledge of the agency and business. You have no activist shareholders.
Unless you lost an account (or imminently will) or lowered scopes , what are you even doing as A&L doing layoffs?
All of your clients seem more or less insulated from the fallout of Trump’s massive tax increases. Well, maybe ESPN/Disney takes a hit if less media is getting bought by the advertisers affected. But otherwise billings should be OK.
It’s a business. The answer is they probably lost a client or two.
Given the erratic nature of the market, and the tarrif fears, I’ve seen a bunch of clients pull back spending and delay projects this year.
Remember all this impacts the clients bottom line, and marketing is often the first to get slashed.
👆this. This president thrives on chaos and uncertainty, but that’s not how you run a country, and the stock market is not happy.
Seems like it
Saw one mention on everyone's favorite site, LinkedIn.
Chief
Couldn’t find — link/screenshot?
For reals