Valassis Communications to cut about 100 jobs
Valassis Communications Inc. plans to cut about 100 jobs, or 2 percent of its U.S.-based associates.
Join the discussion below, or Read more at Crain's Detroit Business.
#1 Dec 4, 2008
I am not surprised Valassis is in the current position they are in. I was witness to their mid management attempting to overbill clients and saw them attempt to impact several clients’ campaign results by falsely adjusting ROI calculations. It was shameful to witness and I predict this dinosaur of a company will struggle with their inferior redplum branding campaign. The interactive department (were they just sold off?) in Connecticut/Boston is not equipped with the brain power to develop sound business planning. They still have a foot in the past. The merger with ADVO was also one of the most unfortunate mistakes this marketing professional has encountered. I predict greater issues and more stories of layoffs to come with this company. Not a stock to purchase!
#2 Feb 11, 2009
Europe is laying people off too, that's my case. I am not dissapointed tough, it is not a great place to work in nowadays. Every innovative project has stopped, customers are quitting because of the poor attention paid to them... the boat is sinking.
Since: Feb 09
#3 Feb 11, 2009
100 employees is nothing. Try 10,000 from GM
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