Share this article:

4,000 jobs | Ad giant Omnicom to shed thousands of roles after $13bn takeover

Omnicom Group company logo

Omnicom will cut more than 4,000 jobs and consolidate long-standing agency brands after completing its recent $13 billion acquisition of Interpublic Group.

The company said the move is tied to an industry confronting rapid shifts in how creative work is produced and delivered, as artificial intelligence expands its reach and tech platforms such as Meta increase access to automated advertising tools.

Continue reading this article!

Sign up for a FREE account to benefit from:

  • Access to our daily newsletter
  • Personalised experience based on your topics
  • The latest News, Features, Opinions and more

Welcome Back

Sign up for FREE

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.