{ "media_type": "text", "post_content": "Just heard the news about Omnicom’s impending layoffs. How likely do you think this kind of news will come from WPP as well? I heard that finances were solid but you never know!", "post_id": "5e970563cca0fe001b7693a3", "reply_count": 4, "vote_count": 5, "bowl_id": "5565cfca8b2b9a03009acf57", "bowl_name": "Advertising" }

Just heard the news about Omnicom’s impending layoffs. How likely do you think this kind of news will come from WPP as well? I heard that finances were solid but you never know!

likehelpful
Posting as :
works at
You are currently posting as works at

Likely will be an agency by agency choice. WPP has already instituted cuts (like no travel, no freelancers, no promotions or raises for the remainder of the year, leadership salary reduction, etc). VMLY&R is following suit (and is doing away with summer Friday’s in 2020), but zero plans to lay off or furlough any full time employees.

likehelpful

Just because finances are solid doesn't mean holding companies won't get greedy. As a fellow WPP employee, I'm trying to plan for the worst.

like

Grey is going to do some furloughs, I’m sure it’s going to happen at the rest of WPP as well, but on an agency by agency basis. We’re doing well and have a lot of CPG clients so I hope it’s limited for us.

likehelpful

Are the furloughs indefinite?

Related Posts

Does getting fired really matter? What “record” does it go on? My FICO score?

likefunny

Would you get fired if you edit your department partners’ picture and send it to your colleague?

funnysmart

Does D give you a severance package when you're fired for poor performance?

like

If you're laid off, do they ask you to resign? If so, can you refuse and ask them to fire you instead?

like

Has anyone else found HR timelines to be a crawl during all of this year? Top 5 bank or smaller bank, it’s totally glacial pace, it doesn’t matter. I try to normally be engaged and quick with stuff client side or internal stuff but it truly blows my mind how slow HR is on things. Like if I was to be this slow client side, I’d be fired. Does anyone have similar experiences over the past year?

like

From reading this app. I realize we have it really well at EY. Deloitte doing major layoffs, KMPG has to come in at the crack of dawn, PwC well the hours..

like

The more pedestrian your intellect, the better fit you are at D Heard of a colleague with an FRM charter being laid off today. Overall excellent person. And you won't believe who they promote year after year.. the character, curiosity and quality of the lifers Don't join this firm if you for a love of learning and to be inspired. Join if you are a middling who wants a good brand to hack ahead in life and rise above your station

likefunnysmart

There is truly nothing like going through the shock of layoffs and then seeing your closest coworkers still here at the end of the day. Hold you peeps close today folks ❤️ 😔

like

Can we get more information regarding ET layoffs? I don't think we have enough info here, need more. Have friends at EY, concerned for them.

like

If you get laid off as green card holder, do you have to go back to your home country? Can I take contract jobs while searching for full time?

like

My partner and I are thinking about moving to NYC! Are there any CW jobs there right now or is it totally oversaturated from layoffs?

likefunny

Fired without severance...haven’t signed anything yet. Is severance something that can be negotiated with HR? I have a call with them on Monday to discuss.

like

Have you ever been laid off? What reason were you given?

like

Can somebody refer me at MBB, Accenture, EY and PwC? Victim of Deloitte layoff. Would appreciate any and all the help I can get!

like

I’m at 71k now at 1 YOE. Is there any good reason to take a pay cut for a new job? (Assuming I don’t get laid off or fired and have to scramble for cash)

like

Hey Fb friends - need an advise. My current firm hasn’t stated my GC process yet and with current processing time it appears to be somewhere around 12-15 months time to get PERM approved. In addition my current firm needs leadership approval & they make me sign a reimbursement form in case I quit. On other hand, I have approved i40 from my ex-employer (Big4) who fired me last fall, I don’t know if they will hire me back. Since I am from India and the date of filing appears like going to be…cont.

like

My laziness the past couple of weeks has me believing I should have been laid off

likefunny

I’m 29, at my first serious job, and am getting fired (not laid off). Feel like an idiot, and don’t know anyone else my age who has been fired. If you’ve been fired, can you tell me about it? I’m LA based in PR & Comms.

like

What constitutes a “notice period” when terminated? Wondering if eligible for severance. Not fired for any of the “causes”. Working in at-will state.

Additional Posts

Hi fishes! Need help deciding career path. Currently have bachelors and work in business consulting. Thinking about getting in to cloud space by getting numerous cloud certifications OR shoot for an MBA from M7. What would you do for a sustainable career? Thank for the input!

like

Just left Big 4 consulting for sales strategy at a Tier 2 tech co (LinkedIn, Salesforce, etc.). Bain reached out today, any good reason to entertain?

like

Recently transitioned to a startup and my confidence has skyrocketed. Presenting, interviewing, making my point heard are SO much easier when I’m working with colleagues and not clients who I feel don’t want me there. For those who struggle with confidence, there is hope!

likeuplifting

Hey guys need help. Barclays Noida vs Deloitte USI? Which one is better in terms of exit opportunities and growth?

like

Divorced M 🐠 here who's scared of commitment now. For people looking for an LTR, how certain are you about someone b4 you decide to go exclusive? For e.g. 25% or 75% that he/she is the right person?

Currently on parental leave. As a father I’m so dang thankful my firm has it and I can’t imagine how my immigrant parents manage to raise two kids without leave.

like

I have a strict budget, max 401k/IRA, and invest in broad market index funds. If I’m not getting a raise/bonus till year end, is all that’s left just to... work and collect my paycheck? Feels like the entire year is planned out now

like

Anyone exited to Hello Fresh? How’s the work there? Comp? Are their levels inflated? TIA

like

Looking to find a nurse consultant position. Any suggestions of head hunters or agencies appreciated.

like

What is market rate for MM/UM signing bonus?

like

Anyone know how much PwC audit director makes? Or other big 4 equivalent of that? Thanks.

like

Any insights into Amazon's Sr vendor management role? How does this role set you up long term or rank as an attractive T2/MBB exit?

like

Ex-MBB partners that left to lower tier firms, why’d you leave and do you regret it?

likehelpful

Hi! For US citizens traveling back tonUS from Canada, what type of COVID testing is done and where can it be taken from? When can we do the booking and how long before the flight should we take the test?

like

Reminiscing... Favourite hotels in SEA?

If you book a remote job at a project rate (and had based that rate on available hours during Mon-Fri), but now the client is expecting you to work over the weekend, how would you handle that?

like

Is there a Comp bowl? Tired of half the posts being about comp

likefunny

What are people’s thoughts on the best way to redeem Amex points right now? I’m leaving the firm in a couple of weeks and have 180k points to blow

like

Anyone who is on an H1B in consulting (strategy/ operations) tried visa transfer recently to Tech strategy roles? Wanted to understand if people have had a smooth sail or is there any reason to worry about timelines? Just can’t go on at McKinsey tbh. Thanks

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal