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Not layoffs. Right-sizing.
Relabel layoffs of “consolidation” and no one complains.
Corporate tactics 101
Around 20 people.
How many people were in the NY office?
Rising Star
So, must be time for the C-Suite's annual raises then?
Guy.
That office is one of the tragedies of this industry. The talent incubation in the 2000’s and early to mid 2010’s produced great work and creatives who made solid shops.
More bleeding due to the aquisition? Omnicom is cutting.
It’s probably more due to client budget cuts
Oh no!!! Can you share how many and what departments?!
Walt can wait.
Can confirm. A friend told me.
Oof 😔
Did they merge the NY and Toronto offices?
TBWA\Eastenders innit
Looks like they had to make room for the new CSO’s salary… https://lbbonline.com/news/tbwa-chiat-day-cso-tom-sussman-ai-advertising-future
They all do.
Time to cut the squad to get ready for the "drawing and quartering" ... If you aren't transferred you are on the street.
Brutal part of this OMC stuff
It means downsizing … right sizing to get ready for Omnicom buying Piubicis
surprised, i assumed there'd be more at TBWA *health*