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

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They can’t afford not to.

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Lots of clients (especially retail/brick & mortar/food industry) are very susceptible to impacts of social distancing, and as long as they're susceptible, agencies and their work forces are susceptible.

Everyone is trying their best to solve these challenges, but some of these companies are in need of immediate, radical shifts in their operations and business model, and not all are equipped or willing to make those changes.

Unfortunately, these clients can't just media spend their way out of the problem. There is no awareness ad that's going to make a scared population return to normalcy in droves.

So yes, more layoffs are coming. Hopefully agencies have made a point to diversify their client roster over the past few years.

Good news is big, bold ideas stand a chance right now. We're going to look back in 5 years with awe how X agency helped Y client make a big transformative shift.

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Oh absolutely. So long as the economy is partially shut down this will continue, and it will snowball in severity.

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Onkar here.I have recently been laid off from FIS Global and I am actively looking for opportunities for java backend developer role.Preferences are payments,financial,banking domain.
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Contact :-9834952674
Experience:-2.2 years
My Techstack:-Spring Boot,Spring Webflux,Reactive Kafka,Ansible, Kubernetes (OCP),Jenkins, Cassandra,Docker.

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