Omnicom to cut 4,000 jobs, shut several agencies after IPG takeover, FT reports

Omnicom

01/12/2025 12:45

Dec 1 (Reuters) - Omnicom OMC.N will lay off more than 4,000 employees and shut 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.

 (Reporting by Jaspreet Singh in Bengaluru; Editing by Shinjini Ganguli)

 ((Jaspreet.Singh@thomsonreuters.com; on X @i_jass;))