Layoffs at Edelman announced today

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I’m awaiting my HR meeting. It’s incredibly sad and stressful

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Isn’t everyone a VP? Yikes.

funnylikeuplifting

7% globally, 5% in the US. Not clear on if this % is layoffs only as furloughs were also mentioned. Salary reductions to also happen scaled by compensation level. Everyone is now waiting for the HR invite to see who is let go.

helpful

They laid off half the NY production department so really would love to see how this is going to pan out. If this is the case Edelman can kiss being “creative” goodbye and stick to PR.

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Fair dues, director 1. I still think the 400 people that got laid off deserve some empathy. Could be any of us.

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It’s amazing how much positive PR Richard’s email is getting. Nobody is realizing that all those laid off in the US will loose their insurance at the end of the month.

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Location?

Globally

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Industry-wide layoffs tomorrow or nah?

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🏆 Inspo Thread 🏆
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helpful

Who was laid off today

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HCB layoffs on the horizon

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likehelpful

Some times I feel bad when fake experience people join the company and overtake other people with genuine experience. But in today’s scenario fake is equivalent to genuine.
Being in Cognizant I know still few people who were surviving well despite layoff with fake experience and take salary in lakhs per month . Genuine people are still left paralysed with low salary !

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