The difficult trading conditions are continuing to cause problem for PR firms and publishers alike. It’s reported that Manning Selvage & Lee have let go thirty consultants and closed their global technology practice while Porter Novelli has cut forty positions.
After a lot of rumors of its demise following substantial layoffs over the past few weeks, Computergram has been bought (saved?) by UK research firm Datamonitor plc. It’s good news that the news service won’t be lost…bad news the money ran out.
In the UK a new survey from accounting firm Willott Kingston Smith found that salaries in the top thirty UK agencies have climbed ten percent over the past twelve months, though ominously they expect those figures to begin to fall in the coming year.
Murphy's Law 