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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Hey 🐟 Can you please like this so I can DM. I was laid off and looking for a job.

I grew an DTC / Ecommerce portfolio from $6M to $13M run rate using Facebook & Google Ads.

Looking for new roles in media buying or consulting. DM me.

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I’ve got a really good job. Wasn’t looking to move but a big 4 consulting firm reached out. I received a very generous/life changing offer. I’m so worried about work/life balance if I take this offer. Also worried about layoffs in a year or two when the market gets back to normal. I’ve got an infant and a 5 year old. I know that I can manage my current workload. I don’t want to pass up a great opportunity but I’ve got to be available for my family too!

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Hello everyone, I’ve worked in HR/Recruiting for a couple years, one year as an HR coordinator and two as a recruiting coordinator. I’m currently laid off and looking to go into a different department in the tech space where I could leverage transferable skills. What type of roles would you suggest?

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Blue shield of CA fired 375 people. Any other insurance companies having massive layoffs?

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I am not sure what to do. My company just had another round of massive layoffs. So far my job was spared. I do got a job offer from a different company but the salary is way lower than what I have now (20,000$ less). Should I choose for financially stability but with a lower salary, or take the risk, keep the higher salary, but have a high chance to loose it as the company isn’t doing great.

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Is anyone worried about layoffs?

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Are the big4 having layoffs in any of the their service lines?

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I got fired for being late 3 times and not nailing my first presentation. I feel like an idiot and now waiting on job replies is super stressful.

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How is C&M in deloitte? How is the work ,bench period, hikes,any layoffs in past in c&m .One of my friend will soon be joining!

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The layoffs must have pissed some people off.

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I was laid off this month from a US-based company where I've been a reporter for the past 3 years or so... I live in Europe. I wonder if I'm likely to have luck with other remote-friendly US companies. Or are we already past that?

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I'm curious what my expectations should be for a base salary for an HR Generalist position at a plastics injection manufacturer. They are approximately 355+ employees with 4 plants. I have 3+ years experience as a recruiter, 15+ years experience has a top manager/leader, and a bachelor's degree. I haven't worked since I was laid off from my previous position in 2020. In my 5 interviews I have had so far, salary has not been mentioned once. What do you think I should expect if offered?

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Layoffs on the horizon?

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Hello guys,

Could someone please help me to know about job security at
Natwest group , I heard that in past they layoff some employees due to closing of the mumbai office and they were in constant loss.

Also, they have shut down their operations in India, so will it impact on us.

Thanks in advance

After 6 years of temporary contracts and unstable situations, I find my dream job in my dream company. All of a sudden the world goes upside down and I get laid off. I start sending hundreds of applications, with only 2 recruiters getting back to me to say I don’t have experience for the job (this is how it works in Italy). Add a terrible health situation in my family and it seems there’s no light at the end of the tunnel. Ugh. 😞

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Got laid off. Have savings to hold me until I find a new position but mostly I'm just embarrassed. Has anyone ever gotten laid off and not told their friends/partner about it? I just don't want people in my circle to know I failed basically.

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Is it okay that I’ve been a slow junior as we’re hours away from closing? I’m trying to be proactive and available to cross things off the list but I’m SLOW: takes me long enough that they do it themselves (even though this wasn’t an issue earlier in the deal) and even on quick tasks or emails, they respond to it before I can click send. There’s also so much about closing that I don’t understand and I feel like I’m bothering the higher-ups on the team whenever I ask. *end anxiety post*

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Any M or Sm in this group?

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