Channel 4 proposes 340 job cuts in first stage of transformation plan
Chief executive Priya Dogra says the cuts, equal to 28% of staff, will create a simpler organisation that puts more of its revenue into British content.
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Chief executive Priya Dogra says the cuts, equal to 28% of staff, will create a simpler organisation that puts more of its revenue into British content.
Chris Hunton argues that the holding company and its car-making client face the same problem: both have lost the distinctive proposition that once set them apart.
The cuts come despite signs of a new business recovery, with Gartner warning that agency fees are shrinking as a share of marketing budgets.
Using the example of outgoing General Mills CMO Valentina Ciobanu, Ritson argues that shrinking senior jobs and a 'Great Stay' have frozen the market for experienced marketers.
The incentive pot rose 120.3% year on year even as the group cut 1,267 roles and revenue fell during Cindy Rose's turnaround.