All right… here comes the bad news. Aegis Group said it is planning to cut its global work force of 16,800 people by nearly 5% at offices in 40 countries around the world.
Meanwhile, Universal McCann is getting ready to lay off 8% (roughly 60 people) from offices in cities like Dallas, Los Angeles and New York.
The video above comes from Charles Conyers, Jr who was laid off from his agency in 2008. He turned the camera on the moment he got his “exit letter” from what we think is BBDO Atmosphere considering the FEDEX mention, the elevator and the appearance of Andy Deutsch. We hope Conyers has found another spot. Ugh.