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How is everyone planning for potential layoffs?
It's layoff city here in Southfield.
Unfortunately, Many are getting impacted by today's layoffs across the organisations and it is super hard to cope up mentally and financially. I came across few openings related to Adobe Experience Manager (AEM) consultants, experience ranging 4-12 Yrs. Please reach out to Teja Chandrashekar (teja@vdigitise.com), Phone: 7672030466. Hope this can help some of you to get back onto the feet. Kindly like, comment or share for better reach. Thanks much!! #experience #share #help #consultants
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In all the layoffs I’ve seen it’s usually people with higher salaries that have been there awhile. Juniors are cheap and willing to do more work faster and more hours
Depends on the situation. Even juniors can be part of mass layoffs. I got caught in 2 mass layoffs in 2 consecutive years
From what I’ve seen across agencies (particularly media ones), mid-senior levels tend to be let go first. It depends on how each company evaluates the necessity of each level of employee and the overall business vs. financial impact each layoff will have
I’ve seen layoffs at all levels at every agency I’ve been at. I wouldn’t say it’s usually juniors that are first to go. It’s usually under performers, people management is looking for an “excuse” to get rid of for whatever reason, or people who can’t easily be re-homed on another team (due to level or speciality or skill set).
I disagree, while under-performers are usually grouped in with the layoffs in order to avoid any repercussions or backlash on the dismissal, it's usually a financial decision and often involves entire disciplines (e.g. we can't afford strategy, or art buyers, or experiential producers, etc.). I've seen entire account teams let go because the client left even though there were amazing people on the team, just no where to place them. Bottom line, it isn't a definitive formula but it always sucks.
I’ve seen juniors and low level employees let go simply to offset the high-salary senior staff that was let go, just to avoid ageism lawsuits.
I’ve seen interns get laid off, all in the same day. No one’s safe.