What Edelman layoffs, restructuring mean for the PR industry

The future PR landscape may include more integration, fewer boutique brands and a fight for fewer dollars.
The news of Edelman’s decision to layoff 330 employees, more than 5% of its global workforce, sent shockwaves through the PR and communications sectors.
Edelman is one of the biggest agencies in the world, with 60 offices, more than 5,000 employees and an annual revenue stream of more than $1 billion.
 
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