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Industry-wide layoffs tomorrow or nah?
What's the deal with BBDO LA?
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I’m awaiting my HR meeting. It’s incredibly sad and stressful
Rising Star
Isn’t everyone a VP? Yikes.
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.
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.
Fair dues, director 1. I still think the 400 people that got laid off deserve some empathy. Could be any of us.
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.
Rising Star
Location?
Globally