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Job cuts made at Brandtech group media agency Jellyfish may be the latest symptom of a contracting advertising and marketing job market. The company cut as many as 50 roles at the end of October, following a slowdown in client spending, Digiday has learned.
Jellyfish’s cuts are small, compared with the job losses at holding company agencies in recent months.
Forrester analysis suggests agency headcounts have fallen 8% in 2025. In August, Dentsu committed to eliminating 3,400 jobs worldwide, approximately 8% of its staff. WPP, meanwhile, cut 7,000 during the final months of Mark Read’s CEO tenure; 700 came from Ogilvy alone.
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