Goodby Cuts Back

Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.

The recent layoffs at Goodby, Silverstein & Partners, long viewed as one of the most stable shops here, have unnerved agencies already shaken by the recession and poor business climate, executives said.

Goodby last week cut roughly 30 people from a staff of 250. The shop has not been immune to layoffs but is seen, along with McCann-Erick son, as among the area’s most vibrant agencies.

“When one of the shops that’s most admired in this industry proves to be unstable enough that they have to continue to let people go, it has major reverberations,” one senior creative in town said.



AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in