Fallon makes ten redundancies at London office
LONDON - The Publicis Groupe-owned Fallon has made ten redundancies from its London office.
The staff cuts, which span all of the agency's departments, were announced on Friday during an all-staff meeting.
The ten employees are now on a two-week consultation period.
Fallon is the latest London shop to make redundancies as a result of the recession.
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Last week, Omnicom made a number of redundancies across its UK agencies, with 11 roles at TBWA, 16 across DDB London's group, and an undisclosed number within the AMV group currently at risk.
Laurence Green, the Fallon chairman, said: "We've acted decisively to make sure we go into 2009 not just right-sized for expected revenues, but also future-proofed in terms of roles and offer to clients.
"Overall the ambition is to reshape not downsize the agency."
Fallon...10 London redundancies
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Comments
Roger OThornhill - 02/02/2009
"Reshape" - yes, if the shape is smaller than the shape before. it's job cuts. just call it what it is for cying out loud. talk about Orwellian double-speak.
Holly Martins - 02/02/2009
Well said Roger
Kate Ritchie - 02/02/2009
Fallon used to be doing quite well. A couple of years ago they were one of the better agencies in London...
NH - 02/02/2009
A fine day for grammatical slip-ups.
JONATHAN HILL - 03/02/2009
I bet that the people who have lost their jobs feel much happier to know that there loss is not just down to being right-sized but also a dash of future proofing! Bring back Walsh and Senioe as soon as possible.
Andrew Chapman - 04/02/2009
Redundancies like no other.
AwallafaShagba - 04/02/2009
feeling your pain peoples
James Bradbury - 30/01/2010
Recession has affected all the great agencies. Harsh. Am sure Fallon will continue with great work though.
GAV VINE - 30/01/2010
KAte: Think its unfair to say Fallon are no longer one of the better agencies just because they have fired people. Recession has affected all agencies. Fallon, Mother and Weiden are still the only creative agencies I'd want to work for currently.