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Smaller agencies (including mine) are ramping up for a wild q4 after a year of growth.
Where do you work?
Publicis colab laid off 20% of its staff on Friday. 100 people
@Associate Director 1 And will likely layoff all of the most qualified and highly paid folks n the future. They keep doing this. Recycling talent so they do not have to give promotions or pay increases. They have had 5 to 6 rounds of layoffs in less than a year. Many of the folks were recent hires. And no, we were not on PIPs as some folks have claimed.
EOY layoffs normally happen every November/December everywhere. If an agency is “kind” they wait until the end of January
21G just laid off two people as an elimination of title. Not sure if this is a sign of things to come or not.
What was the title?
Syneos is having yet another round of layoffs across the org. Good times.
Publicis CoLab had 5 to 6 rounds of layoffs in a one year period. Almost 500 people