[SheinhardtWigCo]

One plausible explanation is that management wants these employees out, so they're taking advantage of a once-in-a-decade opportunity to trim headcount without PR consequences.

[codebolt]

Which is of course extremely cynical, as this is a very bad time to be tossed out into the job market.

[donohoe]

Thats not plausible at all.

This lockdown has devastated media advertising across the board. Events require in-person experiences which are just not possible in the near-term.