Layoffs have begun at Tribal DDB Chicago, we’ve confirmed. So far just a few have been let go. The agency is playing host to Tribal’s U.S. president, operations, Rich Guest who is in town to handle the restructuring personally. Normally, CEOs/presidents are conveniently out of town when these things happen.
There’s no info regarding numbers, but one tip indicated five employees have been let go today. That figure is unconfirmed.
Update: We hear many, many more employees have been laid off. No counts yet.