Friday, December 19, 2008

Bad News for Me: Omnicom Expected to Cut About 5% of Its Work Force

Keeping my whining to a minimum while looking for a job in this economy is tough. Real tough especially when I read in the New York Times that Omnicom is cutting jobs.

Anyway, it's not like we didn't see this coming. "BBDO laid off 145 employees last month at its office in Troy, Mich., 22 percent of the office’s staff of 656." If you go to the AdWeek website you can see who the largest advertisers are and that's the automakers.

Where will marketing and advertising be during the resuscitation of the auto industry, and after? Will the work be done in house?

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