Bell Pottinger, the British public relations firm disgraced by accusations that it exploited racial faultlines in South Africa, is on the brink of collapse.
The company is expected to go into administration part of the U.K.’s corporate insolvency process as early as next Monday, and a number of staff members have been told of their imminent firing, reports trade publication PRWeek.
The news was announced at a meeting in the company’s London headquarters, BBC News says. Attendees reportedly included a representative of an accountant firm advising potential sale options for the embattled PR firm known for representing controversial clients like Augusto Pinochet, Oscar Pistorius, and Syrian First Lady Asma al-Assad.
Earlier, the once-prest…
Read the full article at: http://time.com/4933082/bell-pottinger-south-africa-racism-pr-collapse/