DDB Group Sydney has confirmed it will make 15 redundancies this week.
In a statement, DDB Group Sydney CEO Sheryl Marjoram called it a “complex time for many agencies”.
“We will be making redundancies within our Group this week. Redundancies within creative agencies are an unfortunate cost of doing business, but they are not just a business matter; they are also a human matter.
Sheryl Marjoram
“People who have done brilliant things for DDB Group, who are both talented and nice, will be affected. They will leave with the support of our EAP program, our connections to assist in finding their next role, and our commitment to be of help in any way possible.”
Marjoram continued: “To minimise the stress of an already stressful time, we won’t be commenting on individual names, however we can share that it will affect 15 of our people. It is up to the people affected to decide when and how they wish to speak.”
“These are moments none of us got into this business for, but when they inevitably come, we believe in handling them in the most respectful way possible, with all the care, comfort and privacy we can offer.”