My agency made a surprise announcement that our phone plans will no longer be reimbursed. Immediately, my direct reports all asked if they need to worry about layoffs.
I wish there was some advance notice, I was caught completely off guard here. Our account is healthy, but I can't blame them for looking elsewhere.

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Account teams reach out to clients all the time. If an agency can’t reimburse them and expect people to use their own phone (given people are already using their own wifi in remote/hybrid jobs), it seems like there might be other monetary issues at play.

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This is definitely a sign that pursestrings are tight

Sorry to hear that - this type of thing should have been communicated with you beforehand! Best of luck with everything!

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Not a good sign. Been there.

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Heard BCG laid off quite a few people this summer. Is this true?

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Quiet firings are happening through out the industry right now. Agencies have become better about hiding the layoffs and firings. Not a good thing…

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Has anyone here ever been fired for being rude to a customer?

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Recently freed from the consulting game (starting end of next week) with a great severance and new energy around RE. Closed our first REPE fund last year as well as a sizeable personal portfolio in a large midwestern city, all on the side.
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Hey Accenture Team!
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I know agencies across the board did some layoffs right before the holidays, but when do we think hiring will pick up again? Getting to a point where I feel like I need to start thinking about a change.

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Is there mass layoffs happening in the industry right now? Is the rumour true? Are we back in a recession?

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Hi all,

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Hanging out in his pride tunnel

Post Photo
likeuplifting

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