Ad giant Omnicom says its mega-merger with IPG will lead to 4,000 job cuts
Business Insider·2025-12-01 15:09Advertising agency giant Omnicom's $9 billion merger with fellow ad firm Interpublic Group officially got over the line last week. Now come the "synergies." Omnicom CEO John Wren said in media interviews on Monday that the total number of acquisition-related layoffs is expected to reach 4,000, with the majority of jobs to go by the end of December. A spokesperson confirmed the figure.The layoff accounts for about 3% of the company's combined head count of 128,200 as of the end of 2024, based on their regul ...