Siegelgale cuts 23, CMO Departs

The Alley-based consultant joins the swelling ranks of I-shopsgiving staffers pink slips for the holidays.

New York-based Internet consultant Siegelgale continued the string of design and technology shops announcing reorganizations Tuesday, with news that it would cut posts from its New York office.

Twenty-three positions, or 7 percent of the workforce, are being eliminated, according to a company spokesperson who did not wish to be identified.

Among those leaving will be chief marketing officer Andrew Zolli, who the spokesperson said resigned to pursue “other interests.”

The company said the cuts will primarily affect only the New York office, and employees in non-billable positions.

“2000 was a year devoted to positioning the company for the 21st century,” said the spokesperson. “This week we moved to streamline our NY team to improve efficiency and enable us to concentrate on developing additional areas of expertise.”

In February of this year, the venerable consulting, advertising and branding firm changed its name from Siegel & Gale in a rebranding effort designed to “reinforce its position as a dominant player in interactive media.”

While many I-shops are pointing to a lack of desire in traditional firms to spend on technology or Web marketing, the 32-year-old firm lists several as clients, including AT&T, American Express and Eastman Kodak.

Nevertheless, the spokesperson added that the outlook remains optimistic inside the privately held company.

“This year we grew 40 percent, we’re profitable, and we had positive cash flow.”

Founder, chairman and chief executive Alan Siegel was traveling Tuesday evening and unavailable for immediate comment.

Subscribe to get your daily business insights

Engagement To Empowerment - Winning in Today's Experience Economy
Report | Digital Transformation

Engagement To Empowerment - Winning in Today's Experience Economy

2y

Engagement To Empowerment - Winning in Today's Exp...

Customers decide fast, influenced by only 2.5 touchpoints – globally! Make sure your brand shines in those critical moments. Read More...

View resource
Announcement Alert from Lee Arthur
Weekly briefing | Digital Transformation

Announcement Alert from Lee Arthur

2y

Announcement Alert from Lee Arthur

Announcement Alert!! Read More

View resource
The 2023 B2B Superpowers Index
Whitepaper | Digital Transformation

The 2023 B2B Superpowers Index

3y

The 2023 B2B Superpowers Index

The Merkle B2B 2023 Superpowers Index outlines what drives competitive advantage within the business culture and subcultures that are critical to succ...

View resource
Impact of SEO and Content Marketing
Whitepaper | Digital Transformation

Impact of SEO and Content Marketing

3y

Impact of SEO and Content Marketing

Making forecasts and predictions in such a rapidly changing marketing ecosystem is a challenge. Yet, as concerns grow around a looming recession and b...

View resource