Over the past 20 years, the pace of digital advertising growth has far outpaced that of traditional media. Digital ad spending as a percentage of total ad spending has increased from 40% in 2016 to 70 ...

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

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

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

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

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

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

Britain's Competition and Markets Authority (CMA) has this week cleared the ad industry mega-merger between Omnicom and Interpublic, opting not to refer the deal to an in-depth phase 2 probe. Omnicom ...

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

The UK’s Competition and Markets Authority has given the green light to Omnicom’s acquisition of rival holding company Interpublic Group. For both companies, the UK is their second largest market ...

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 job cuts came on top of last year's 4,100 headcount reduction. Meanwhile, the U.K. Competition and Markets Authority ...