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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'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.
| - Industry | - Sector | Nicholas J. Garrett CEO | XHAN Exchange | US6819191064 ISIN |
| US Country | 74,900 Employees | 19 Dec 2025 Last Dividend | 26 Jun 2007 Last Split | 26 Mar 1990 IPO Date |
Founded in 1944 and headquartered in New York, New York, Omnicom Group Inc. stands as a global leader in advertising, marketing, and corporate communications. This conglomerate embraces a wide array of subsidiaries, each specializing in different facets of marketing and communications, to provide comprehensive services that cater to various aspects of branding, content creation, and media planning. Its operations span across significant regions including North and Latin America, Europe, the Middle East and Africa (EMEA), as well as the Asia Pacific, positioning Omnicom Group Inc. as a pivotal force in shaping global advertising and marketing strategies.
Omnicom Group Inc. offers an extensive portfolio of services to meet the diverse needs of its clients, ranging from traditional advertising to digital transformation consulting. Below are the services provided: