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Omnicom said on Monday it will lay off more than 4,000 employees and fold several well-known advertising agency brands after its $13 billion acquisition of rival Interpublic Group.
Omnicom recently closed a $9 billion acquisition of IPG, creating the largest ad agency company. In an interview with Business Insider, Omnicom's leadership team outlined its strategy.
Omnicom's $9 billion merger with Interpublic Group will result in about 4,000 job cuts. The merger creates the world's largest advertising agency group with $25 billion in revenue.
Omnicom will lay off more than 4,000 employees and fold several well-known advertising agency brands after its $13.5 billion acquisition of rival Interpublic Group, the Financial Times reported on Monday, citing an interview with company executives.
Omnicom has closed its acquisition of rival Interpublic in an all-stock deal reshaping the advertising and marketing sectors and creating the world's largest ad holding company. The combined company, with a pro forma combined revenue in excess of $25 billion, will trade under the OMC ticker symbol on the New York Stock Exchange.
TEL AVIV, Israel , Nov. 25, 2025 /PRNewswire/ -- Primis, the video discovery platform, has once again achieved Open Measurement SDK Integration Validation Compliance from the IAB Tech Lab, with its latest certification confirmed as of October 20, 2025. This marks the third consecutive year that the company has met the highest standards for transparency, ad quality, viewability and impression me...
NEW YORK , Nov. 24, 2025 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P SmallCap 600: S&P SmallCap 600 constituent Sandisk Corp. (NASD: SNDK) will replace The Interpublic Group of Companies Inc. (NYSE: IPG) in the S&P 500, and PTC Therapeutics Inc. (NASD: PTCT) will replace Sandisk in the S&P SmallCap 600 effective prior to the opening of trading on F...
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