Business...
I don't often comment on work, save for major technical frustrations. Somehow, though, it feels worth remarking on this morning. I've been working here for approaching fifteen years. I've seen a lot of people come and go. This is the first time I can recall someone being "laid off." People are fired and quit commonly enough, some under pleasant circumstances, others less so. But laid off?
Simply put, there's not enough advertising being sold to support/require the current staff of ad reps. So the most recently-hired is being laid off. This is really the first hit of this economic downturn that I've seen so close to home. Companies are tightening their belts because consumers are doing so, that means less money spent to advertise, which means less money for ad-based businesses, which... well, it's cyclical.
I knew yesterday, though our general manager just told a bunch of us officially a few minutes ago. She assured us that it's isolated and all our jobs are fine. That's a comfort for now, at least.
Simply put, there's not enough advertising being sold to support/require the current staff of ad reps. So the most recently-hired is being laid off. This is really the first hit of this economic downturn that I've seen so close to home. Companies are tightening their belts because consumers are doing so, that means less money spent to advertise, which means less money for ad-based businesses, which... well, it's cyclical.
I knew yesterday, though our general manager just told a bunch of us officially a few minutes ago. She assured us that it's isolated and all our jobs are fine. That's a comfort for now, at least.
Not to rock your boat, but they're told to tell you that.
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