New York City, New York-based Edelman, a full-service public relations and marketing consultancy firm notorious for spinning-up fake "AstroTurf" campaigns on behalf of its clients, has announced a 4% reduction in force.
Approximately 240 employees, mostly senior-level staff, are impacted as the firm responds to slowing economic conditions.
According to CEO Richard Edelman. "This is a hard day for the firm, but I want all of you to know that I am confident in our future. I truly believe we will become THE communications advisory firm because trust drives growth, and action earns trust.”
Saying goodbye to members of the Edelman community is an extremely difficult decision. We will support our impacted colleagues with outplacement support to help with career transitions and an additional six months of support through ComPsych, our Employee Assistance Program, in addition to separation pay.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?