"We're seeing a human tragedy," he says in an interview with ±±¾©Èü³µpk10.
However, he predicts business could pick up in the second half of the year as clients realise that "you can't not spend for ever".
Sutherland made his comments during a video interview with ±±¾©Èü³µpk10's associate editor, John Tylee (view video above).