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Mike Fleming-Junior
Fussy About UTA Boast It Was First To Restore Paycuts, ICM Partners Cut 15 Or So In Last Week
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deadline.comMike Fleming Jr Co-Editor-in-Chief, FilmWhen UTA boasted it was first agency to restore paycuts even as it eliminated 50 positions earlier this week, ICM Partners cried foul, pressing the case it has not cut salaries through the pandemic.
It seems small consolation, though, because over the past week, the agency cut around 15 positions involving junior agents and coordinators.
It was the second round of bloodletting for ICM Partners, after the agency let go around 40 support staff in June.All of this one-upsmanship seems pyrrhic because a lot of people at every agency have seen their career paths destroyed because of a pandemic that slowed agency revenues to a trickle when the production and live event businesses shut down in March.
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