We’ve been yelled at all week on the Spy line about not updating what’s going on with cuts at the Martin Agency, so here you go. An agency spokesperson has confirmed that as of today, Martin’s Richmond, VA HQ has let go of 13 staffers (or two percent) of its workforce across departments.
As a result of Martin Agency’s move, the total staff count across Richmond and its NY outpost has decreased from 524 to 511. While not quite as severe as the six percent reduction last year, we’ve been told that this latest round is due to various things including clients cutting back, switching skill sets, etc. From what we’ve been told, the Martin camp is offering those affected by this week’s cuts severance, outplacement services and even an offer to pay the agency they’re interviewing with half of their first month’s salary, up to $4,000, if said agency picks them up in the next 30 days.