Serious question: has W+K ever had layoffs in the last decade or so? I don’t think I’ve ever heard about it if so.

like
Posting as :
works at
You are currently posting as works at

👋

funnylikesmarthelpful

They’re not good at hiding them because they’re private, they’re good at preventing them. They’ve definitely had layoffs, but you know they were a last resort because they care about their people.

likehelpful

100% and because they’re a private company they also don’t have to hit quarterly financial goals. They can choose to lose money in order to keep their staff if they want to. That’s why they’ve been so successful. All I was saying above is, they don’t have to release financial statements and there are fewer eyes on the company because there are no shareholders. So when they decided to part ways with Verizon or when Southern Comfort didn’t work out, they didn’t have to report any layoffs or losses.

like

They regularly have had. Verizon? I guess they have a culture of success in success out.

like

They’re privately owned, so it’s easier to keep layoffs private. Publicly held holding company agencies have to be much more transparent.

likesmart

We did when we parted ways with Verizon and lost Target.

like

Yes

like

London office has lay-offs on a regular basis depending on the client loss.

Sorry all, realizing now I should have just googled this. Haha.

They’ve never had layoffs, never lost a pitch, and everyone at VP level or above has 2 super bowl rings

funny

Related Posts

Have an average book at best. Somehow an okay agency hired and then fired me. I acquired lots of credit card debt in a short amount of time. Now I don’t feel I’ll get a chance again. I really don’t want to work menial job again but that seems it will soon be my only option.

like

Severance package negotiation? Any tips? Expecting a meeting with hr - I’m confident I’ll be sacked soon.

are layoffs happening in Deloitte only or other big4 has same trend

I quit before the company laid off a few people on my department. Missed out on the severance package. I wish I had waited a few days to resign. Pretty sure I would’ve been one of them. I wouldn’t have cared either way.

like

Magic Leap laid off 50% (!) of their work force?!? This can’t be the cause of the virus.

Anyone ever sit back and think about the problem of the commons? There is alot of rhetoric pitting democrats vs republican. Honeslty it seem to be more similar to a game then politics, yet society as a whole seems to be deteriorating. But those elected keep getting rich while others are begging for help, i mean dont get me wrong i get fired today or tomorrow, i may struggle a bit but for the most part will land on my feet..but why has it become so dismissive. I agree and disagree with both sides

like

Everyone is scared to accept a new job offer now, why? Is it true you have to be employed with the SAME employer for 6 months to get benefits if laid off? Can't find online, help!

like

I’m documenting updates my manager provides every week in my PIP document and at the end of the month he says his feedback isn’t captured accurately. What’s the best way to deal with this? Don’t want to get fired and think I’m doing much better than other people in my role

like

Just got fired. Not surprised and kind of relieved but ego is bruised. Anyone got any stories of when they got fired/laid off and it turned out for the better?

likehelpful

Anyone knows if the COBRA insurance coverage that Biden signed (covers insurance premiums for individuals laid off) will show up on employment background check for someone who used it?

like

Has anyone been fired in their first year in PA? What did you do afterwards to be successful?

like

Can we talk about the failure that is vision 2020? I dunno about yalls office , but here in the south. We've had employees laid off , list multiple clients , and are now trying to pass stuff to India

like

Are any agencies doing Q2 layoffs? It’s been quiet, hopefully that’s a good sign

likesmart

Can someone explain the difference between being counseled out and being fired? With an emphasis on why counsel someone out but not fire them, and vice versa.

like

For those who survived layoffs and crises before, what things and actions made a difference? How'd you come out stronger? Did you pivot into something new entirely?

like

Would sneezing on a Partner by accident get you fired? Asking for a friend.

likefunny

Has anyone heard of layoffs happening yet? Not trying to stir the pot, just genuinely want to know

like

Has your firm ever fired a partner for being verbally or physically abusive?

like

Anyone else out there concerned that the market is going to go bear and we’ll be back to the days of endless layoffs and starving for projects?

like

Does anyone else think the Delta variant will lead to shutdowns and layoffs again? I want to leave my job but fear being the first to get the chop if March 2020 repeats itself. Should I just jump ship already? If it helps, I’m not in travel PR.

like

Additional Posts

If you're billing the same rate, you should get the same salary bands regardless of geography.

likesmart

Screw you Virgin America at SFO for delaying me by 4 hours, but thank you for the $500 travel voucher 🤠

like

Any other women experience spotting after receiving the vaccine? I am meeting more and more women saying they have.

like

Any one have advice going into salesforce final interviews (for a cyber security role?

like

NEE 4-for-1 stock split (10/27) and 2021 earnings guidance raise. Get more before the split?

like

Best way to start day rate freelancing as a copywriter? I’m based in LA/Orange County and looking to move from in-agency to freelance work. Any tips?

like

Any McK or ex McK fish from Australian offices here? I’m keen to hear more about your culture and work life in Australia please!

like

Generalist/Project Manager with 5 YOE looking to exit to industry. If I have to do another pure play project manager role I’ll lose my mind. What’s the trick to getting a strategy & ops role in a T1 tech firm?

like

What was your salary when you bought your first house and how much did you spend? Trying to determine if my significant other and I are stretching

like

PwC fish, is the firm still offering the Delta challenge? Need a quick way to qualify for some basic status.

like

Any MBB life sciences professionals willing to connect? Looking for overall career guidance. Thanks 🙏

like

I applied for JP Morgan and it still shows you are profile is considered for interview. It's been 15 days i haven't got a call or mail. What to do here? How cam i reach out yo HR?

like

Has any of you planning to downgrade from ed2 to eb3 with recent visa bulletin updates? Is your company paying for it and if not how much they are going to charge for it?

like

Interview Anxiety tips? When I’m iffy about the company/role it’s non existent. When it’s a FAANG I’m dying to get into and an absolute perfect fit for it’s unbearable.

like

Hey Consultants. I just might have a Bain interview coming up in a few weeks. So far I have had 3 R1s of the other two MBB but got dinged. I don’t know what I am doing wrong but I need help as I call this the “last dance” so far I have done 40+ live cases with MBB consultants.

like

Baba 🤦‍♂️🤦‍♂️🤦‍♂️

funnylike

Hi Fishies, I've 2.5 years of relevant experience in DevOps and got an offer from CG of 8 LPA Fixed. I got 60 percent hike compared to my current CTC in Accenture. Is it enough for my experience? Or anyone thinks i should have got more for DevOps in any other organisations. Because I believe, CG doesnt give that much hike. I am scared that my growth will be constant for continuous 2 years.

like

Would a SHRM certification be beneficial for a consultant in organization strategy? Anyone in a similar boat?

like

Let’s say I plan on quitting/putting in my two weeks notice august 2 (Monday) can I take pto off for the week of my last week before I quit? - august 9-13? Just so I don’t have to deal with them giving me a bunch of assignments and I still give them a week

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.