Ogilvy mass firings today

January 6, 2009

George Parker got an inside scoop that WPP Group plc ‘s Ogilvy will be firing individuals in mass today. He noted that the mailroom guys were busy all night readying empty boxes so the fired can pick up their marbles and go.

These people now freshly entering the workforce will be facing the most dire circumstances, they now have no job, and no one is hiring in the industry.

The problem is these individuals have rent, mortgage payments, kids, credit cards and cell phone bills that now will go unpaid, furthering the economic disaster.

Perhaps Milton Friedman was right, we do need a helicopter drop. Milton Friedman argued that deflation can be fought against by “dropping money out of a helicopter”

Well we have deflation, we have mass layoffs… but we don’t see money dropping out of Helicopters for the average individual. Though the banks are seeing large numbers of the CH-47 Chinook overhead.

Which way to AIG, we got newly printed dollars ready for the drop!

Comments

  • jay

    Can anyone confirm this is happening?

  • jay

    Can anyone confirm this is happening?

  • http://www.tribbleagency.com/ TheFounder

    As far as confirmation goes, I now have heard it from 4 non-George Parker sources…

    an individual at Ogilvy told me earlier when I called for verification “I am not authorized to discuss any ongoing rightsizing” ….

    The fact that I got a “no comment” says much.

  • http://www.tribbleagency.com TheFounder

    As far as confirmation goes, I now have heard it from 4 non-George Parker sources…

    an individual at Ogilvy told me earlier when I called for verification “I am not authorized to discuss any ongoing rightsizing” ….

    The fact that I got a “no comment” says much.

  • http://www.tribbleagency.com/ TheFounder

    300-500 layoffs… and climbing…. they have so many people going out the door that they are trying to re-schedule security to cover everyone walking out.

  • http://www.tribbleagency.com TheFounder

    300-500 layoffs… and climbing…. they have so many people going out the door that they are trying to re-schedule security to cover everyone walking out.

  • http://www.adirondackbasecamp.com/ TourPro

    300-500? It boggles my mind that these companies really have that many people.

    You’re right that the human cost to those that have lost their jobs is worthy of some sympathy. But on the other hand, these folks have the skills to sell themselves better than all the other pitiful job-losers and will get rehired quickly…right?

  • red rover

    There is NO WAY that 300 - 500 number is accurate. I’m here, in the thick of it, and have not seen even one person walking out the door with a box. yes, the numbers are large but not that large. i think your sources must be account people, who seem to have taken the hardest hit.

  • http://www.adirondackbasecamp.com TourPro

    300-500? It boggles my mind that these companies really have that many people.

    You’re right that the human cost to those that have lost their jobs is worthy of some sympathy. But on the other hand, these folks have the skills to sell themselves better than all the other pitiful job-losers and will get rehired quickly…right?

  • red rover

    There is NO WAY that 300 - 500 number is accurate. I’m here, in the thick of it, and have not seen even one person walking out the door with a box. yes, the numbers are large but not that large. i think your sources must be account people, who seem to have taken the hardest hit.

  • http://www.tribbleagency.com/ TheFounder

    Red Rover — that is correct the source was from Accounts….

  • http://www.tribbleagency.com TheFounder

    Red Rover — that is correct the source was from Accounts….

  • roving red

    boxes are being mailed

  • roving red

    boxes are being mailed

  • http://www.tribbleagency.com/ TheFounder

    Are you kidding me? They are mailing the boxes?

  • http://www.tribbleagency.com TheFounder

    Are you kidding me? They are mailing the boxes?

  • http://www.tribbleagency.com/?p=3713 Ogilvy : boxes are being mailed : Tribble Ad Agency : The Advertising Agency of Record

    [...] to take pictures of their kids home or any of their personal property.. according to poster “roving red” on Tribble ad agency, they are “to be mailed” to their [...]

  • Edward O’Meara

    This is New York folks… would you rather walk to the train carrying your box then sitting with it on your lap in front of your neighbors for that hour ride home, or appreciate the dignity of having it mailed it to you?

  • Edward O’Meara

    This is New York folks… would you rather walk to the train carrying your box then sitting with it on your lap in front of your neighbors for that hour ride home, or appreciate the dignity of having it mailed it to you?

  • http://www.tribbleagency.com/ TheFounder

    I don’t know Edward… after someone empties the change box and sends it home empty…. look I think it’s wrong to extreme levels… from what I understand they were not even given the option…..

  • http://www.tribbleagency.com TheFounder

    I don’t know Edward… after someone empties the change box and sends it home empty…. look I think it’s wrong to extreme levels… from what I understand they were not even given the option…..

  • Joe

    Eddie’s right. As weird as it might seems, if there were really that many happening at the same time, that’s how you’d do it. In fact, that’s how most very-large-corps do it in general.

  • Joe

    Eddie’s right. As weird as it might seems, if there were really that many happening at the same time, that’s how you’d do it. In fact, that’s how most very-large-corps do it in general.

  • the lower depths

    it is about 300…

    and you’re right: do you want to struggle with getting your office crap home after being unceremoniously dumped? let them pay to get them to your door…

  • the lower depths

    it is about 300…

    and you’re right: do you want to struggle with getting your office crap home after being unceremoniously dumped? let them pay to get them to your door…

  • http://www.angelsdontcry.com/ Andrew

    To the Founder and fellow bloggers:
    I confirm Ogilvy layoffs and all written above…but not only in the US or UK HQ today.
    its unfortunately global, by friday 9th late afternoon.
    AT

  • http://www.angelsdontcry.com Andrew

    To the Founder and fellow bloggers:
    I confirm Ogilvy layoffs and all written above…but not only in the US or UK HQ today.
    its unfortunately global, by friday 9th late afternoon.
    AT

  • http://www.tribbleagency.com/?p=3721 Planned layoffs up 275% : Tribble Ad Agency : The Advertising Agency of Record

    [...] the hell is going to happen to all those people that ad agency WPP group plc just fired? Like where are they going to turn? I don’t even know where to start. These individuals will [...]

  • http://www.tribbleagency.com/?p=3725 No layoffs at Advertising Agency : Tribble Ad Agency : The Advertising Agency of Record

    [...] This is pretty cool, it’s the difference between how a small innovative company can survive in this depression, and a BDA that gives their employees pink slips for New Years [...]

  • http://www.tribbleagency.com/?p=3749 Unemployment hits the roof : Tribble Ad Agency : The Advertising Agency of Record

    [...] The nation’s unemployment rate skyrocketed to 7.2 percent in December, the highest level in over a decade and a half, with no end in sight, Nervous employers slashed well over 1/2 a million jobs in December, and these figures do not include the mass layoffs for January that we have seen unfold. [...]

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