Who’s agency has started or is expected to start layoffs?

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We were told yesterday that our leadership is taking pay cuts and they are adjusting our 401k match from 100% to 50% to avoid layoffs.

Thought it was pretty amazing, made me proud to work here

likeupliftingsmart

“Leadership” involved more people than just founders and execs

We took a temporary paycut. I expect layoffs in the next month, 2 tops.

It's coming down the pipeline.

likehelpful

All of them?

likesmartfunny

All I’ve heard is anomaly and translation. Oh and WPP is cutting pay for their c-suite

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Giant Spoon

Dentsu has company wide paycuts and a significant amount of furloughs. Mcgarrybowen got 20% paycuts for all employees for the rest of the year. So yeah this is all starting to significantly impact our industry.

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Correction: TC 51.3 has 15% variable.
Experience: 11 years (Marketing & Brand Manager)

Location: Bengaluru, Karnataka

#mba #marketing #branding #layoff

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