Will there be a hiring freeze or redundancies within the UK Ad Industry. What are your thoughts?

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Bad recession a comin — shrinkage at all industry levels thereby impacting marketing spend

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ABS: Always Be Savin’

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I am worried about a hiring freeze. Or even redundancies across the industry like they're seeing in the US.

In the U.K. redundancies means layoffs

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Honestly, I don’t know what to expect in this economy. However, the US is seeing hiring freezes and people have been laid off.

The hiring and salaries in London have always been shit so keep calm and carry on.

Where I work there is already talks about money issues from the C-suite. I'm not particularly worried for myself but I won't be surprised if there are people getting axed in the next few years.

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