Cordiant Communications is keeping a close eye on staffing levels at its three design groups, after last week’s profits warning and news of redundancies in non-UK offices.
According to Cordiant branding and design division chief executive Paul Stead, “We hope to sustain our current staffing levels. If the market picks up, we will reassess the situation. If it takes a dive, we will have to look at things again.”
Cordiant owns Fitch, PSD Associates and Bamber Forsyth.