Is all the talk of layoffs on here a harbinger to the end of the ad agency? Or do people just like complaining? A little from column A, a little from column B?

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What are you a reporter? Patrick Coffee?

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Not the end of the industry Patrick, but the lack of AOR accounts likely means agencies will have to employ their storycrafters in a different way.

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@CW1 Haha no no. Let me just turn this tape recorder off. Don't worry there's definitely not another in my pocket.

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Advertising, as it has been known, is dead. The largest advertising revenue companies — by far — are Google and Facebook; the old networks are way behind.

The industry is transitioning to a new model. Some will adapt and do well (or survive); many others won’t adapt and will disappear.

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The good agencies will be around for a long while. But as brands divvy up their business and give agencies just a slice of the whole pie while also recognizing the convenience of in-house teams, the future looks bleak for most agencies. More pitching for less of the brand and less money.

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I kind of hope it all ends so I don’t feel so bad about doing such shitty work.

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The industry does need a shake up; something that shifts away from so many fee clients because that's where agencies are currently losing their lunch. My team was at 63% of scoped hours by May of this year.

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Mostly B, people tend to talk about the bad stuff.

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^^Doesn't this defeat all the scale and efficiency talk coming from the client side? #askingforafriend

They are endemic in a client service agency. We win and lose clients all of the time - no different than eras past.

Except you know, in house agencies, consultancies lalala.

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Hi All,

I got an offer from IBM gurgaon, but the manager said the project will be assigned later when you join. What shall i conclude from this that they are hiring to manage resource pool?
If yes then what are the chances i will get assigned to a project.

Please provide your inputs.

P.S. : I have heard that they have frequent layoffs as well.

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Recently laid off and looking for recruiters that specialize in media/strategy/advertising (both agency and client side). Sure there are others looking as well - would greatly appreciate any info.

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Wow! What a day! What type of company starts layoffs right before the holidays? Lost my job this morning and I am stressed out. Is there any chance of finding a new job before the holidays? I'm doubting it.

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Anybody here at Carvana Co.? Is it looking like another round of layoffs?

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What happens if you get blamed for an audit finding? Do you get rolled off the client or potentially laid off

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Hi,
As of now I got into PIP so does it indirectly means that i will be fired.?

Hi fishes,
Looking for a job change in sales industry, currently working with byjus and having to much toxic environment these days due to layoffs . Kindly recommend .

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Just got laid off. They just cited shortage of work. First time something like this has happened and I am feeling low and lost. What should I do? I not even sure what to ask HR for? Please help I could really use some guidance.

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Hello Fishbowlers,

I was laid off at my company a couple of months ago and I could really use some referrals. I work in the Customer Success Space and recently built out the Customer Success Division. Would love a referral for a management role or at least Senior or Principal in the startup space. I've worked in startups for the last 5-6 years. I'm really feeling defeated within the job market. Message me if you have any leads. Thanks in advance!

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Fears of a layoff looming imminently. What is the market looking like these days? How long is it taking people to land new positions (specifically remote)?

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I recently cleared all rounds of interview for Mindtree and waiting for the offer letter. However, since Mindtree has been recently acquired by LTI, is there any layoff expected to happen in Mindtree?
Kindly pls give me an idea about how the situation is now in both companies.

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I work at Deloitte as a manager and 2 years ago ( my senior year) a peer got fired for expenses. He was a friend and we kept the friendship going even after his “lack of judgement”. He found a cont..

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UK specific query - If my company cannot find me clients/work and want to dismiss me because they are unable to find work for me at no fault of my own do they have to provide a severance package?
UK law says it’s easy to dismiss employees with less than 2 years service but it’s a big grey area. Anyone got any experience with this?
An Employee with less than 2 years service

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I heard UKG has fired many employees this year?
Is it good for job security?

🏆 Inspo Thread 🏆
Getting laid off is tough—let's use this thread to lift each other up and share any inspiration or encouragement you've encountered while navigating this difficult time.

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I just found out I’ll be getting laid off in a month. I’ve contemplated freelancing for a while but haven’t worked on more than 1-2 small clients at a time on the side of work. How do I know when it’s the right time to take the plunge into freelancing?

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So I just got laid off from a gig and couldn’t be happier because ultimately, I realized they didn’t truly understand the product and it’s competitive value. How do I not make the same mistakes in future roles as a newer BDR?

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Layoffs at WK London and Amsterdam? Who can confirm?

likehelpful

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Additional Posts in Advertising

*me as an intern when i wasn’t totally confident with my idea*. Now before I present this idea to you, I want you to know that above all, it sucks. It’s horrible and reflects poorly on me as a person. Whatever you do-do not like it. I will be tendering my resignation once this is over. I want you to judge this presentation as harshly and with a negative bias against me as possible. Anyway, here’s the idea.

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Is it normal for accounts to change the deck and chop routes before sending to client??

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Is ageism really a thing in this industry or is it more dependent on the discipline/agency/advertising function?

I can tell you right now, at my agency we have folks in their 40s and 50s and they’ve been around forever.

I guess what I’m trying to understand is that if everyone in this industry has a shelf life, or is it more complex than that and it really depends.

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I just found out I’ll be getting laid off in a month. I’ve contemplated freelancing for a while but haven’t worked on more than 1-2 small clients at a time on the side of work. How do I know when it’s the right time to take the plunge into freelancing?

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Andy Bird. How long has he got?

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What does a Creative Director make at Grey NY right now?

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Dropping by unannounced to other agency offices: is it ok?

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The team had and Idea that I told them it was tone deaf, they moved forward, cco approved. The client told them the idea was tone deaf. They didn’t get why the client was so upset. 🤷‍♂️

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To those who started a new job in the past three months *and* were unemployed for many months prior (or even before pandemic), how are you feeling?

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Are agencies getting smaller in size?

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Layoffs again this week at 72LA. A few weeks ago at MAL. Is the LA market ok or is it just hitting big agencies?

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Sad to share we aren't allowed to participate in post-it wars 2017 😩 Biolumina, H&S, Getty, etc best of luck to y'all!

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