The Competition and Markets Authority (CMA) has cleared the merger of advertising giants Omnicom and Interpublic in a deal ...

The British watchdog reportedly launched its initial probe into the merger in June to assess if the deal could lead to a ...

The filing stated that the cuts spanned “executive, regional and account management level, as well as administrative, ...

The UK’s Competition and Markets Authority (CMA) has approved Omnicom Group’s acquisition of Interpublic Group (IPG), ...

Besides, the agency has reduced the base salaries and other benefits of existing employees by about 10-12 percent ...

Concerns about redundancies, company restructures and AI are stopping agency staff from moving jobs, while recruiters report agencies’ hiring efforts are slowing.

In June, the U.S. Federal Trade Commission provisionally approved the merger with conditions: the combined company must not ...

IPG also carried out a headcount reduction in 2024, under which staff numbers fell by 4100 to 53,300 by the end of the year.

The advertising group said revenue less pass-through costs fell 5.8% on a like-for-like basis, the steepest quarterly fall since the pandemic-era declines of 2020.

OpenAI has appointed Omnicom Media Group’s PHD as its global media planning and buying agency of record. Campaign understands that the UK market will be included in the agency’s remit.