ICM Partners is undergoing a round of layoffs as the agency reorganizes amid the novel coronavirus pandemic. About 40 support staff positions will be cut.
In a memo to staff on Friday from ICM co-presidents Sloan Harris and Kevin Crotty, the executives unveiled a series of changes, including raising assistant pay to $20 an hour, planning a new agent training program and making "every effort to hire diverse candidates for at least half of all open positions going forward." The move to raise assistant pay, while cutting support staff roles, follows a sustained grassroots effort launched last October with the social media hashtag #PayUpHollywood, co-founded by TV writers Deirdre Mangan and Liz Alper as well as consultant Jamarah Hayner.