WPP splits Myer account across Ikon and Essence in partnership announced prior to redundancies
WPP agencies Ikon and Essence have entered a partnership to jointly handle the Myer account, led by Essence’s managing director, Jenny Pham. Mumbrella understands the partnership was announced a few weeks before the five redundancies in Ikon’s Myer team, revealed yesterday.
Industry sources say that one person is left on Ikon’s Myer account and that the five redundancies constitute a quarter of Ikon’s Melbourne team, which, before the redundancies, sat at approximately 20 people. Essence has taken on full digital responsibilities for the account, while Ikon retains overall responsibility for strategy, integrated channel planning, and offline media.
Does this mean Ikon to merge into Essence?
Seems like Ikon will only have a bunch of conflicting toy companies, Victoria University and Australian Catholic University. Good luck to the staff, hopefully they pick up some new business soon so there are no more redundancies.
Is it an obvious question to ask if Ikon have made five people redundant how does one person have “overall responsibility for strategy, integrated channel planning, and offline media” ? Poor Myer.
It’s not really a partnership if Essence pitches for the digital and won. A forced partnership would be a better term.
Seems like a bit of a fluff piece to me. The connection to mental health in yesterday’s articles makes it seem pretty heartless that Ikon are calling the recent turn of events “an exciting time of change”.
Is it an “exciting time of change” for the 5 you just made redundant? Honestly this is just appalling.
Why are they only working on a timeline now to establish process?Didn’t the “partnership” start in July? Does Myer know about this?
Seems like Ikon rushed out a media press release today to quiet down the static of the news from yesterday. If so, they certainly should have spent a little more time in writing it. It’s not a pleasant read.
I feel very sorry for the redundant 5, and perhaps even more so for those still employed.
I used to work for ikon under Sharon Cookson and the workplace culture was amazing. So sad to see what it has become over the last 12 months. First Mazda, now Myer.