Anyone able to get past the paywall to see what was said about the Omnicom earnings call on Adage?? $1.5B in cost savings is insanity!!

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What a sustainable business strategy!

likefunny

Bro just look at how much these $5 billion in share buybacks are gonna help our EPS bro pls

likefunny

They revised the expected synergies to 1.5 billion over the next 30 months with 1 billion of that coming from “reductions in labor costs through the elimination of duplicative corporate network and operational functions, streamlining our regional, country, and brand structure, and optimizing utilization by shifting to a more unified resourcing model, including accelerating outsourcing and offshoring.”

Oh and the synergies target for this year is 900 million or about 9k employees salaries. Buckle up kiddo!

https://finance.yahoo.com/quote/OMC/earnings/OMC-Q4-2025-earnings_call-396639.html

likehelpful

It’s equally hilarious that they cited a billion dollars in losses from severance and repositioning costs. So they spent a billion dollars to promise synergies of a billion dollars. Lovely

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Wren using word “synergies” at least 8 times during the call was worth $200M alone.

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Full transcript: https://link.fishbowlapp.com/dOZO/q8xuw1vw

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It’s the year of the Synergy!

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