Ascentium hires 25 from former competitor
By Seattle Business Magazine September 17, 2010
The Puget Sound Business Journal reported yesterday that Seattle-based marketing company HL2 officially went out of business. The story said that the company had been in business for 15 years, but was struggling after losing clients during the recession.
The good news is that 25 of the companys 40 former employees have been hired on by local competitor Ascentium.
We are happy to welcome HL2 to Ascentium. We respect HL2s portfolio of work and creative approach to projects and are looking forward to merging their talent and philosophies into our experience agency model, business manager Krystin Maddox said in an email to Seattle Job Blog.
According to TechFlash, Ascentium has about 500 employees, and according to the companys website, they are still hiring, with over 20 openings in the Seattle/Bellevue area.
Update: Tom Stankus, director of people development at Ascentium, called and spoke with me about the companys decision to hire on 25 people from HL2.
One of the reasons we brought them over was not only to keep them from being unemployed, but to keep them working on some of the accounts they were working on when they were over there [at HL2], he said.
In addition to those 25 hires, Ascentium added seven new members to its team this week and is continuing to grow.