The LA Times just published on this topic - there is a lengthy article in the WSJ as well. It looks like we'll go through the cuts this week, but let's wait and see. The LAT noted several hundred to be cut, yet no WARN notices have been filed so I'd say it's unlikely for now. Something will change for sure, we always react when numbers are not good and this will happen again soon - I am 100% sure. The only issue here is where they will cut, how much is the creative side going to be affected, etc.
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