Today is a tough day for everyone in media and advertising business. While in Finland advertising- and media agencies have announced heavy layoffs today, bad news are coming also from US. Shots magazine reports that JWT Chicago will be closed down, after 118 years of history, and the Boston Globe is under pressure from Times Co. to accept major cutbacks, otherwise is under threat of being closed down. I tend to see the opportunities in the crisis, but today things just look black. Anyhow, we all know if the upswing is coming (and it will come), media- and ad businesses are on the forefront of the movement.Take care until then.
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