Those that believed the economy was at its bottom and their business wouldn't decline further are finding that the other shoe is dropping. Sagging client sales mean further cuts in agency compensation.
It's all happening now: consolidation of firms, reduction of fees and scope creep.
Agency staffs who received pay cuts and freezes but retained their jobs are now facing job losses.
There are solutions. There are adjustments that can be made. But time is not on your side.
Let's have a conversation. This is no time to become a follower. It's about survival.
