How are agencies in Germany doing right now? Any layoffs or pay cuts?

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In Hamburg, probably most of us are in short-time work. I’ve heard that from people at Jung von Matt, Grabarz & Partner and Philipp und Keuntje. So no layoffs yet and only small, time-limited paycuts. Let’s see in a couple of months...
Don’t know about other cities and network agencies, though. But I imagine it’s the same.

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same here in Berlin. Lots of short time work, but not so many layoffs thankfully. DDB/Voltage seems to be doing especially well. Don't know if anybody's hiring though. I think not.

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No layoffs, only Kurzarbeit. No new hires, promotions, raises, freelancers.

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