In news-I-could-have-told-you-first-hand-last-Thursday, Agency spy is reporting this morning that Citigroup is predicting that Advertising in the U.S. may not recover until 2010. In an eerily relevant post a little more than an hour later Agency spy reports that Chicago's Mayor, Richard M. Daley, has told reporters that ...
"both city and private sector workers should get ready for a clusterfuck. The Mayor says that chief executive officers have told him to expect huge layoffs in the next month and into the new year. Hopefully, those execs that spoke with Daley do not include CEOs of agencies. Crossed fingers that Chicago's advertising industry can weather the storm and holding companies can assist where necessary."
For those who think Agency Spy, which is sponserd by Job resource site Media Bistro, is simply driving traffic to their job site, let me tell you that everything they have reported this morning is true. Believe me, it's true.
