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Layoffs at Ogilvy NYC...
Found this too relatable

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That’s how big layoffs work. You toss out the dispensables, then give the indispensables anything they want so they don’t leave.
They aren’t layoffs at Droga. They are mass resignations according to our management.
@SD indispensable people? Like who? Ted? Actually, describing people as “dispensable” is quite disgusting.
@OP 95% of agency employees are not indispensable. It’s just the truth. Didn’t mean to offend
A newly minted director costs way less than an director with lots of experience.
But IHOB worked. How is this possible
Because otherwise they’re not confident they can retain talents?
We fired/laid off more senior folks and promoted juniors. Pretty much an open secret here.
Yeah how’s it gross to say people are replaceable? We work in advertising, it’s not that hard.
Odds are they’re promoted in title only (or with a very minimal salary increase), allowing the agency to bill them out at a higher rate and make a profit
To keep the ones they didn’t let go
Safe to say they’re promotions with no raises?
So it could tip over.
@OP “anything they want”
Who got promoted?
@D5 2 a promotion party and the entire design team got promoted?
Isn’t it also the ongoing issue that clients only want super senior people on their accounts?
because they hired too many bad juniors?