OmnicomIPG

Omnicom-IPG Advertising Merger to Result in 4,000 Layoffs

Advertising agency giant Omnicom’s $9 billion merger with fellow ad firm Interpublic Group officially got over the line last week. Now come the “synergies.”Omnicom CEO John Wren said in media interviews on Monday that the total number of acquisition-related layoffs is expected to reach 4,000, with the majority of jobs…