Tough day. Layoffs at JL, Ogilvy, huge and
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🤔 laying people off on the last day of the month so that they can avoid paying employee’s health insurance for the following month. terrible companies if the case
Not an accurate statement SC 2.
2020 comeback agency of the year.
Oh god I didn’t even think of that.
Yeah I heard R/GA was having layoffs in NY and SF offices. Brutal.
RGA gave 4 weeks severance pay (most cases - I’m sure some people got more) and is covering healthcare through the year for everyone.
And a few at VMLY&R
KC, CH,NY
What was left of our creative/production team in Chicago was laid off today.
Ppl really just go ahead and be as cruel as they can when they’re on anon, huh? That’s the real you boo.
The whole industry is going to shrink 25%
Maybe more. But that’s expected with a shrinking GDP. Now it’s time for the industry to step up and help clients “win” in the new normal (of course, that is still being shaped).
Dang. What's the JL scoop?
What about Austin?
👀
Where have you heard this?
The LA office of R/GA was a satellite at best
Which ECDs did they keep?
Do you know if the RGA NY was all across all departments?
Yes. It hit all groups and depts.
Lots of layoffs at Ogilvy. No reports on their severance offering. Many furloughs across offices.
I’ve heard 1 week per year of service, same as usual
Yup. Also at Elephant (IPG).
4 weeks max regardless of toil with agency...that's what I heard
Can confirm layoffs and furloughs at Ogilvy in NY and NJ
I will say the best younger creative I worked with in the few years before leaving Ogilvy came from the la office. So it could be ny is where the big problems are. Some really awful top folks there, Of that I’m sure.
Aww I'm so sorry to hear. Are any south African offices affected?
V3 are you in Joburg or Cape Town?
How many have to leave JL and is it mainly creative?
About 20 folks in total. They dissolved the Project Management department but the rest of the losses were scattered between creative, design, and account