Posted on: October 17, 2008

It looks as though the budget cuts and the loss of big accounts, is hitting the some of the big agencies hard. According to Tribble Ad Agency and Brand Republic WPP has put a hiring freeeze on its subsidaries (inclduing JWT, Ogilvy & Mather and Young & Rubicam). The freeze will not be reevaluated until budget reviews in February. No job openings will be filled, freelance use will be reined in and temporary staff will be cut. 

I’m guessing no company party or holiday bonus this year either. 

Sorry to any who are affected by this!

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