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Publicis Groupe redundancies expected

In a statement released by Publicis Groupe, 34 roles are being reviewed across Australia and New Zealand that could face restructuring.

Says Michael Rebelo CEO of Publicis Groupe ANZ said in a statement: “Throughout the Covid-19 pandemic putting our people first has been our guiding philosophy; ensuring their safety and well-being, and protecting as many jobs as possible so that our team is in the best shape possible to help our clients through their recovery.

“Since the middle of March we have taken every step to ensuring that we have exhausted all cost-containment measures before considering making any roles redundant. This has consisted of three stages 1.) Holding our expenses and variable costs as strictly as possible; 2.) Staff taking annual leave; 3.) Voluntary salary reduction of our Groupe leadership, agency CEOs, MDs, leadership teams and senior staff. Through all these measures, we have made sure our employees at the entry and mid-level have been protected.

“At every stage of our plan, we have taken a collaborative and united approach with our agency CEOs and leadership team. We have also been very transparent and regularly shared with our entire team our plan to manage through the pandemic, and our progress.

“As a result, we estimate that our Groupe-wide efforts have helped save around 80 jobs that otherwise would have been affected by the impact of Covid-19.

“Whilst we have held the line on making redundancies for as long as possible, unfortunately 34 roles are at risk of redundancy in a small number of our agencies, out of the more than 1,570 people that work across Australia and New Zealand. This represents less than 2% of our workforce. For some of those affected, we have been able to successfully redeploy them to other agencies within the Groupe, and we continue to look for other transfer opportunities.

“To help provide assistance to people as they search for new employment, Publicis Groupe’s Talent Acquisition team has put together a Redundancy Support Program. This includes information on immediate support such as financial support/money management, exploring new career pathways, and mental health support services; consultations with a Talent Acquisition team member for advice on where to look for new opportunities, access to industry talent acquisition contacts and preparing for job interviews; and access to online growth learning and development training modules.”

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