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

Omnicom is set to make significant changes after acquiring Interpublic Group for $13.5 billion. Over 4,000 jobs will be cut, primarily in administrative areas. Well-known advertising brands like DDB and MullenLowe will merge into TBWA. FCB, a major agency, will be absorbed by BBDO. These moves signal a major restructuring in the advertising industry.

1 Dec 2025 7:04 pm