Campaign India Team
Feb 22, 2023

Ogilvy India rubbishes murmurs of layoffs within the agency

States that the agency head count grew by 13% in 2022 and will continue to hire in 2023

Ogilvy India rubbishes murmurs of layoffs within the agency

Soon after Campaign India published an article about how advertising could benefit from the tech layoffs by attracting those laid off or even position itself as an industry that provides job security for the freshers, we were told that advertising is also facing the wrath and laying off staff by many in the advertising fraternity.

 

Ogilvy was named in particular, with a source claiming that more than 100 staffers were asked to leave. 

 

However, Ogilvy has denied that claim and stated that it will continue to grow in headcount in 2023.

 

According to a statement by Monty Bharali, chief talent officer, Ogilvy and 82.5 Communications, Ogilvy India's headcount grew by 13% in 2022 and the agency plans to grow again in 2023.

 

Bharali said, "We grow our headcount in Ogilvy India year on year and in 2022 we grew by 13% and continue to hire in 2023 too for both growth in business and investment in future spaces. With support and partnership from our leaders and our amazing clients, we hope to continue this growth journey in 2023."

 

Source:
Campaign India

Related Articles

Just Published

4 hours ago

Rural consumption continues to outpace urban ...

The latest data from NielsenIQ indicates that rural areas have become the primary driver of consumption growth in the FMCG sector, a reversal of previous trends where urban centres led growth.

4 hours ago

Havas to offer staff up over $40 million in ...

Bosses could get extra $8 million in cash bonuses for working on separation from Vivendi, prospectus reveals.

6 hours ago

FCB/SIX India announces key senior leadership ...

Since its launch in 2023, the agency’s staff has tripled, now numbering approximately 170 team members.

7 hours ago

Trump’s victory isn’t just America’s crisis—it’s a ...

Make no mistake—2024’s US election was a calculated exercise in marketing from beginning to end, revealing a striking alignment with the very principles that drive our industry.