Which IPG mediabrands agencies were impacted by the layoffs today?

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hope the trades consider this when they write their glowing “agency of the year” articles....staff livelihood first, holding company profits second.

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I was wondering when we’d hear something from them. All the hold co’s seemed to announce last week

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UM cut salaries for the rest of the year. Manager level and above. I only know one colleague who had their position “eliminated” and was laid off yesterday.

i thought UM was doing relatively well, their clients stop spending? curious about their client portfolio

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Did UM also have furloughs or is this your first impact to salaries?

During our town hall, someone asked our CEO about furloughs. She said that they were only happening in very unique cases. So sounds like the vast majority are getting flat out laid off. Salary reductions go into place May 1st and layoffs start this week/last

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So thats why there was an email from IPG MB CEO this morning

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Also relevant for birthdays, baby showers, the birth of your first child etc

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