Why are the only big-name layoffs Creatives? No agency president, CEO or CFO who left their agency unprepared is being fired?

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Here’s a crazy thought. Big agencies have plenty of note takers and fluff. In these times we need people who are proven to get stuff done and be good with clients and not break under pressure. I’m only an VP (title is outdated) but 20 juniors vs 4-5 senior folks right now given client work and also their mental state is probably a better bet. Most good leaders should also be able to be the do-ers. Especially under pressure!

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I'm not sure which big agencies you've worked at, but senior folks at BBDO/DDB are simply not do-ers anymore.
For that reason, I'm out.

likefunny
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John Wren made $24 million in 2018. Deferring salary until September is an empty gesture at best.

likesmart

Cause no one knows their names.

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Also maybe they volunteered. If I was a millionaire close to retirement, I might do it to save 25 mid levels.

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Also apparently 83 people got canned.

Holding company salaries are ridiculously inflated. Cuts should start there

likesmart

Who would fire a CEO? The holding company?

Of course

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So you want to remove people who help managing contracts, financial statements and all the fun things and replace them with what exactly? I’m pretty sure the void that would be created is going to damage everyone. However, I’d appreciate if some higher ups would take pay cuts

Sure.

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