Redundancies hit CHEP Network following Telstra account loss
CHEP Network has made up to 40 staff redundant following the loss of its Telstra account, Mumbrella can reveal.
Based on the agency’s LinkedIn, about 10% of its headcount has been affected.
Earlier this month, Telstra announced a major shake-up to its agency roster, dropping The Monkeys, CHEP and DDB, in favour for a bespoke agency +61 – a collaboration between OMD, TBWA and Bear Meets Eagle on Fire.
New management was shedding staff prior to this round too. Not looking good . Don’t be surprised if the new management goes too.