Goodby, Silverstein & Partners will cut between 150 and 200 of the firm’s almost 700-person workers, a source tells us, following a note to employees yesterday in which founder Jeff Goodby said he would be "adjusting the size of our staff."
He told AgencySpy yesterday:
"Today, we at Goodby, Silverstein & Partners have begun adjusting the size of our staff in the wake of losing Sprint and parting ways with Hewlett-Packard. We don’t divulge the number of people or the percentage of our staff affected, but it’s commensurate with the numbers you’d have for accounts this size."
UPDATE: When contacted this afternoon, Goodby did not want to discuss numbers, but pointed to his letter, which “really says it all.” He added that, as a whole, the agency really cares about their employees and will do as much as anybody to help them land on their feet.
The cuts were expected after the Omnicom-owned agency lost two of its most prominent clients, Hewlett-Packard and Sprint. Our source describes the atmosphere inside Goodby as "crazy" and "sad" right now.
GS&P resigned the HP business in November after working with the company for 16 years. At the time, Ad Age reported sever management turnover was partially to blame for the split; the company
Read more: http://www.businessinsider.com/source-goodby-silverstein-will-cut-up-to-200-jobs-after-sprinthp-losses-2012-2?utm_source=readme&utm_medium=rightrail&utm_term=&utm_content=2&utm_campaign=recirc#ixzz1mPflhSBW
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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