The holding company’s latest SEC filing shows 800 layoffs in Q3 2025 and over 700,000 sq ft of office space vacated as it races to streamline costs before completing its $13.5 billion merger with ...
Phil Angelastro, the chief financial officer, signalled Omnicom was likely to stick to gross revenue when asked about a potential shift to net revenue at its annual results in February. “I don’t think ...
Global holding group IPG cut approximately 800 people from its staff in the September quarter in the lead up to becoming part ...
Interpublic Group (IPG) has laid off 800 employees in the September quarter, bringing total job cuts this year to about 3,200 ...
Throughout Q3, Interpublic Group saw a 5.1% YoY decrease in revenue, but also an increase in profit. This was the result of a ...
IPG reduced its global office footprint by about 730,000 square feet in 2025, including 135,000 square feet in the third quarter.
Naturally, the news has sent shockwaves across the industry. After all, this is an agency that redefined advertising in the ...
The future of DDB as a global network is in doubt as parent company Omnicom has confirmed it is carrying out a “rigorous” review of all of its agency brands. It is thought Omnicom is likely to scale ...
Its consolidated organic revenue declined 2.9% YoY, with a 1.5% drop in the domestic market due to client losses and lower ...
Omnicom Group Inc. ("Omnicom") (NYSE: OMC) and The Interpublic Group of Companies, Inc. ("IPG") (NYSE: IPG) today announced ...
The Federal Trade Commission has issued a proposed consent order on Omnicom and IPG's $13.5 billion merger aimed at resolving the agency's antitrust concerns and clearing the path for the deal's ...
Omnicom Group Inc. ("Omnicom") (NYSE: OMC) and The Interpublic Group of Companies, Inc. ("IPG") (NYSE: IPG) today announced that, in connection with the closing of the merger between Omnicom and IPG ...