What's the layoff picture been across other agencies and holding cos as the end of Q3 gets closer?

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Smaller agencies (including mine) are ramping up for a wild q4 after a year of growth.

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Where do you work?

Publicis colab laid off 20% of its staff on Friday. 100 people

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@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.

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EOY layoffs normally happen every November/December everywhere. If an agency is “kind” they wait until the end of January

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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

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