With the W&K layoffs ...
1. Recruiters are getting psyched.
2. Freelancers are even more unnerved.
3. Axe will fall on people phoning it in at other shops.

What are your other predictions ? People leave ad game altogether?

likesmartfunny
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We are all literally “phoning it in” these days

likefunny

An inconvenient zoom truth.

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Most advertising budget goes to FB and Google any way. Advertising might be dying. There I said it.

likesmart

Right? A big part of several of my accounts is FB ads. Meanwhile, when I am on FB or IG and an ad comes come, I go bonkers-annoyed and get rid of it ASAP.

I went in-house a few years back, and got chopped when Covid came along. Found another in-house job luckily. Don’t think anyone is safe, no matter where you are. Just trying to get through this alive.

likehelpful

Please tell me you’re kidding with this? You’re embarrassing yourself.

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?

Yes— people will go client side too. Or chase side hustles.

Still, I’m nervous. Guess I need to step it up on some of those up in the air briefs, on top of my 70 hour work week on my existing clients!

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I know a number of people who left advertising for good this year.

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Two went to amazon. One went client side

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Most places have a hiring freeze right now, so even if they wanted to hire ex wk, they couldn’t.

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Agencies love her. Recruiters hate her. All because of this one little trick.

likefunny

So now recruiters will have roles to fill? I don’t buy that shit.

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4) people pick up a few cast offs and realize that there are good shops with ok people. And there are ok shops with great people. And life goes on

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So...who’s hiring?

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Were particular teams and disciplines hit hardest? Or were there cuts across the board? So sorry to everyone affected 😔

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Get that informed consent. In writing, and follow up in an email and maybe add a memo to the file.

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like

Years of Experience: ~6 Years
Prior Compensation: ~ 30 LPA (FIXED) + 12 LPA( ESOPS) -> ~ 42 LPA

Company: Microsoft India
Title/Level: L-62
Base: 38 Fixed
Signing Bonus: 8(6+2)
Stock bonus: $80k for 4 years
Relocation: Basic + 3 Lac
Bonus: 10-20%
Total comp- 38+6+15 ~ 59 LPA

Company: Oracle
Title/Level: IC3

Base: 43 Fixed
Signing Bonus: 10(5+5)
Stock bonus: 1200 RSU for 4 years
(CTC): Rs. ~66 LPA
more inclined towards Microsoft, but they are offering less
Need suggestions Microsoft Oracle

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