What % of people in the agency business for 10-12 years have experienced 1 or more layoffs? Just got laid off for the 1st time last week and think it’s more common than I realized.

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At a guess 50%. I've been let go 4 times! I somehow have found a better opportunity each time so fear not and enjoy some time off.

likeupliftingsmartfunny

I was laid off in my sixth year of working in advertising (currently in year eleven). It was a total shock to my system at the time but yes - like many topics considered “taboo” it is way more common than expected, especially in advertising. Best of luck to you - you’re not alone, you’re still worthy and valuable, and you will find a new job. This industry may be drastically evolving but it’s not dying any time soon.

likeupliftinghelpful
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Thanks, all. It was only a handful of people let go so feeling particularly singled out but glad I’m in good company. Now onto my second question....for how many days/weeks is it acceptable to drink every single night while unemployed??

likefunny

Been laid off twice in 14 years. The first time really fucked my ego and mental state. The second time, I smiled as I left the office

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OP I’m unemployed and drink every night. Daytime is for hustling, nighttime is for my liver.

likefunny

OP- much more rewarding to drink during the day and take advantage of those happy hour specials

likeuplifting

I haven’t been laid off in 15 years. However I think I’m grossly underpaid so probably not a huge investment for the agency

likehelpful

Old saying, “you haven’t really worked in advertising till you’ve been laid off”. Shitty industry.

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If you've been in this business a decade and haven't been laid off once, you're either lucky or not taking the same risks others do. It always sucks when a layoff surprises you but rest assured it's not uncommon. Unfortunately it's becoming more common in other industries too.

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Laid off 4 times in 7 years. Last time I got insomnia cause I was so sure I sucked at this and I’d never hold a job. After then I found a good job with a great team and now I’m leaving on my own terms for once, but it was rough going for a long time.

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Happened twice in ten years. Both times it was scary (especially the time when I had a new baby at home), and both times I ended up at better agencies getting paid more.

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Just got laid off 2 weeks ago yesterday. Working 12 years. First time getting laid off. Yay severance! I always had a feeling it would happen once I got into a leadership position and voila after only 3 months there, it did ☹️

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I'd also like to add I am not going back to the agency world. I would rather take a pay cut and go client side as a media manager. Agency world sucks.

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I got laid off from my first advertising job less than 6 months in due to the loss of a client. Really sucked at the time because I loved everyone I worked with, but I chuckle about it now.

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3 Times in 18 years, but it was kind of front loaded. Barely avoided a fourth

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6 times in 20 yrs. it bothers you less each time.

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Twice in 15 years. Let's meet for happy hour! Spring is springing, time for drinking! 🍻

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I’ve witnessed at least 5 layoffs (large and small) in 17 years. Maybe more.

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You’re nobody in this business until you’ve been laid off 3 times.

Someone told me that in 1992. Some things never change

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Thanks, all, for the perspective and advice. I actually started a new job last week and your experiences helped give me the confidence to not feel like a totally unwanted loser heading into those interviews, so thank you!

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Hows the industry doing in MENA right now? Any worries about a potential crash? Are firms still hiring? Based in the US and everything is tense here with the recent tech layoffs

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I know this doesn’t count as an interview, but overall professional advice needed:
Any tips on asking for better severance pay?

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I have heard lay off happens in CitiusTech, is anyone aware about this

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Throwing this out there. My company was recently acquired and I was laid off yesterday. I’m currently 6m pregnant so looking for a company that isn’t going to have a problem with my giving birth in 3m (looking for a miracle). 13 YOE in Marketing (Brand, Digital, Product, Ops). You name it, I’ve probably done it. Team management exp but not required in next role. Just looking for 100% remote, flexibility, and company that puts families first and won’t give me a hard time about doctor appts 🙏🏻

likesmart

Worried about potential recession and layoffs...

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Hot take: if it’s actually a stealth layoff then everyone else got the same speech as you and outing the firm won’t identify you.

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Hi Fishes, I've 5.7 YOE in digital marketing and i have an offer from PS for Senior Media Analyst Role in Digital Marketing Domain. After seeing all the layoff post i'm getting scared. It would be helpful if you could please let me know if anyone if fired from Digital Marketing Domain.

DOJ is Oct 31st, i dont have more time. Please comment if you know anyone from Digital Marketing.

I am interviewing for a Sr. Program Manager role at Adobe. Glass door says ~252k. What a typical base would be? How does adobe feel in the market right now as far as layoffs and expansions?

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We’re in such a vicious business. You give your heart & soul to an agency, a client, a brand. Then the wind changes & you’re laid off, reassigned, chewed up, spit out, on to the next. I’m tired.

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Laid off by Deloitte. 7 years of experience in strategy and operations consulting. Need help with companies that sponsor

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Did BCW NY just layoff it’s EA staff?! Seeing a bunch of these names on Connect and very upset that great people were let go!

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Most staff/sr assoc would make 80% of salary for the next 4 months if fired & yet firms are considering pay cuts.

Like at this point just fire me idk what kool aid some of you are drinking

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S&P Global Hey everyone, Heard this rumour that huge layoffs are going to happen in S&P global india....can anyone give heads up about this ?

S&P Global

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Laid off, 10 years exp, tired of acct management. Feel so lost. Don't want to go back to agency side. What should I do? I feel like 💩

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Hi, received an offer from another Big4 in Amsterdam (currently working in Eastern Europe), but relocating, I’m concerned about potential layoffs in the coming period being the last to join the team.

Has anyone been able to negotiate anything extra or terms when being laid off?

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I was informed today that my employment would be terminated at a tier-2 consulting firm in Toronto. The reasons for my dismissal are unclear and I would like to get legal advice on the termination agreement and severance package that was offered. Has anyone experienced a similar situation and can refer a good employment lawyer?

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Hi! This is post is for a friend who was recently laid off due to budget constraints at their company. They’re actively looking for new roles in Business Analytics, Finance or a combination of both. Any referral would be extremely appreciated.

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I’ve been thinking about looking for a new job, but given everything going on with the Coronavirus and layoffs, it doesn’t seem like this is a good time to start looking. What do others think?

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Not sure if if this would be helpful to those furloughed, laid off due to C19, but here is an open source document of agencies currently interviewing. Please edit, add as needed.https://docs.

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