News

Linda Goldstein Talks about Layoffs, Furloughs in Advertising Industry

News / May 15, 2020

Partner Linda Goldstein is quoted in an article published May 15, 2020, by Business Insider. The article, “Legal Documents Reveal How Ad Giant IPG is Laying Off and Furloughing Hundreds of Staffers,” reports on how the coronavirus pandemic has resulting in massive layoffs among advertising holding companies. Furloughed employees are generally not paid, although companies may cover health benefits for a period. Goldstein told the publication that non-payment is standard practice in furloughs.

Read the article (registration required).