1,164 PR jobs to go say analysts

Up to 1,164 jobs could be lost as the PR industry consolidates over the next 12 months, according to Plimsoll Analysis.

Jobs: PROs could be sent packing
Jobs: PROs could be sent packing

By providing an individual analysis of each of 1,000 UK PR companies, Plimsoll has assessed each company's chances of survival.

The analysis claims that as many as three quarters of the firms analysed will need to reduce their head count, and almost a fifth of the companies surveyed are already running at a loss.

Plimsoll also claims that 116 companies need to consolidate immediately, or their survival is in question. Some of these firms could see 30 per cent of their workforce go as they try to stay in the market.

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