Seven employees tipped to make way at TH_NK

Following on from reports in the last issue of The Drum that digital agency TH_NK may be hit by client Northern Rock’s current crisis, it is now believed that the Newcastle-based firm will be forced to make around “seven” redundancies as part of the fallout.

The agency initially denied that any job losses would occur as the client re-evaluates its marketing, although an industry insider has since informed The Drum that “seven people” have been told their jobs will go.