RETRENCHMENTS CONTINUE AS 303 CUTS SIX

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The industry has been dealt another blow with 303 retrenching six full-time staff last Friday. The retrenchments were made from the agency’s design, production and admin departments. In addition, a part-time accounts person and the agency’s AFA trainee were also let go. The agency has taken some hits recently, losing HBF to Meerkats at the end of the year and IKEA moving to Marketforce from next month. The cutback in Government advertising has also been felt by several agencies, with campaigns for major advertisers like the Office of Road Safety being put on hold. 303 handles the ORS’s ‘Speed’ campaign.