Hearing of layoffs with some Chicago agencies. MSL...Porter...Ketchum...others? Sign of bad economy coming? Hate to sound skittish, but I lived through 2008

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Ketchum here. We had layoffs across North America, not just Chicago. I think the entire marketing industry (not just PR) is dealing with a new frontier where all of the lines are blurred and everyone is trying to find their place and claim the budgets

likesmart

In my personal opinion, I feel more clients want that strategy-level guidance in addition to the tactical deliverables. So it's more than just creating a flashy campaign or a rocking website. It's more about the reason behind creating and managing content.

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The economy is partially responsible but its also the changing industry (different types of agencies going after same work, in-housing, etc) and an antiquated biz model which many still operate in that is causing low single digit growth for the big PR agencies. I think that’s leading to layoffs more than the economy itself IMHO. I expect we’ll see continued cuts in the big firms from now through 2020.

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That’s just OPRG going down the tubes! Nothing more than bad management. IPG is killing it

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Layoffs at MullenLowe? Anyone good we can scoop up?

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MBB AP about to exit to non-FAANG tech. Would you expect a signing bonus and/or pre-determined severance pay if things don't work out with the new company? Anything else that people have negotiated during their exit? I'd be leaving a large amount of bonus on the table to leave before the end of the year.

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Tomorrow is my first day at my new job after being layoff... I enjoyed seen this post with stats so here is mine:)

2 months (pluss 2 weeks after accepting a offer, just waiting for paperwork etc)

273 application

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3 companies I when thrue the whole interviewing process

From the 3, 1 company just declined no feedback the other 2 send offer letters

170k base, tech.

likeuplifting

My temp contract has been extended. I’m relieved to be able to pay the bills, but after giving 70-80 shots a day, I literally dream about giving vaccines almost every night! Struggling to keep positive about finding a new permanent job - I was laid off at the end of April, have applied to over 60 jobs, had 6 interviews, and no offers. I can’t go back to chain retail - it damn near broke me in my 20’s, and it’s much worse now.

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Layoffs at Ogilvy NYC...

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For people going through layoffs right now. It's really hard. But pro tip: sit down and write your obituary assuming you live to be 100. Helps so much to really see this is nothing but a blip. ❤️

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So there's a lot of chitchat about people being fired/laid off for the wrong reasons but does anyone actually know of someone who got the boot for the right one? I figure that some of these separations must hold some validity

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Was laid off in Sept. Unfortunately we will be seeing many more coming. It's what happens in a recession. Unfortunately I now also have my age against me. Not in a mentally good place at the moment.

Hi Team, I was part of the layoff at Elastic last week. Our whole midmarket AE department was eliminated.
Does someone hire for a midmarket/commercial AE position in The Netherlands?
I am a native German speaker. Of course I already applied via LinkedIn, but I urgently need a new job in January.
Thanks everyone!

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As if Arnold wasn't depressing enough, people have started a rumor that we had massive layoffs today and they didn't lay ME off. If you need me, I'll be drinking free craft beer at my desk 🤦🏼‍♂️

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Is this layoff?Amdocs

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All time best tactical plan briefing & creative kickoff? What blew minds? What fired the right brain neurons? Out-of-the box meeting structure? Acct briefing:brainstorm ratio? Who drank the KoolAid?

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As many of us navigate the challenges of negotiating during Covid layoffs, my question is what do you think is a good, fair and realistic salary for an independent agency to offer a Creative Director with 10+ years of experience in metro Detroit, considering the current economic climate?

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Interested in a San Francisco/Bay Area networking/support group for consultants that have been laid off?
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likeupliftinghelpful
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HCB layoffs on the horizon

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Do consulting firms ever do mass layoffs right before they pay out bonuses in order to avoid paying them out? Is this a common procedure?

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Am I more or less likely to be laid off if the economy tanks even more if I just started as an analyst two months ago

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