Some quick layoff news for you from EnergyBBDO and WPP. First up, Energy.
Energy BBDO
Late last week, we’re told, the agency let go of 19, representing 10% of the overall staff. Though one spy thought there were 12 creatives let go, another source denied that claim and informs us that cuts were made across the board.
A representative for the agency provided this statement, “[the agency] is making staff reductions in response to reduced levels of client activity. Reductions are being made across all functions.”
This news comes despite recent business wins including the $105 million Illinois lottery account. Interestingly, Energy was among the agencies represented in the recent Diversity in Advertising Career Day here in New York.
WPP
By now this is old news but WPP will be letting go of some 7,200 employees in the US and Europe. Just wanted to get it on the record.