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So, lay off until the pandemic blows over.
I was in the final stages of an interview with Microsoft two weeks ago, in partner marketing. Then the recruiter told me they were putting the hiring process on hold to assess the need for the role. Well, then we heard about Microsoft layoffs last week. Seems like most were in Xbox and Project Alpha but there’s not a lot of information out there. Should I hold out any hope that I’m going to get this job? Any insights on how much these layoffs have impacted the marketing org and/or new hiring?
any telltale signs of layoffs in tiger?
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This industry has always been unstable. I’ve heard this phrase too many times: you aren’t really in advertising until you’ve been laid off at least once. I spent years scared it would happen to me, and it finally did last year, it sucked for a few months. But then again only in advertising can you get laid off and then land a job with a higher title and a 50% pay raise.
F1 is 100% correct. Laid off for the first time in my 10+ years. Thought I was exception. Always had recruiters reach out 1-3 times a month up until last year. Now I’m on month 4 of being unemployed. It’s a crazy time rn.
Pro
It’s not just that it’s unstable, the industry is shrinking quite a bit.
Yes, you’re correct (especially on the agency side). Advertising is pretty volatile. If you’re lucky, you can find a role on the client side
Chief
Seriously? You don’t know the answer to this already?
The industry is dying, at least within holding CO's. Long term plan is to sell agencies one by one while squeezing all that they can from current talent. Source: friends at high level in holding co positions