TVNewser TVSpy LostRemote SocialTimes AllFacebook FishbowlNY FishbowlDC PRNewser 10,000 Words GalleyCat UnBeige MediaJobsDaily

We Hear: Layoffs at DDB

Layoff picture.png

AgencySpy has received word from multiple sources that the axe was laid at DDB Chicago yesterday. “Bloodbath” was the term one tipster used to describe the scene at DDB yesterday-the source also said that the pink slips were dealt primarily to members of the agency’s creative department. Calls and emails to DDB Chicago and DDB Worldwide were not returned.

The layoffs come less than a week after DDB parent-company Omnicom released less than stellar fourth-quarter earnings, citing a drop in ad spending as the primary cause of the 15 percent profit loss.

More: DDB Layoffs

Mediabistro Course

Here Are All the Black People

Here Are All the Black PeopleOn September 24, land your dream job in advertising and design at the premier multicultural career fair taking place at the Metropolitan Pavilion in NYC. Workshop your portfolio, attend mentoring sessions, learn from industry leaders, network with your peers, and most importantly, launch your career. Register now!