likesmarthelpful
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How do you think they go so profitable in the first place?

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It's revenue not profit and this is over 2 years old.

Publicis have been wining pitches with the promise of lower rates(so i've heard from my agency pitch teams, no clue if that is true) so that cuts into the amount of roles they can hire to maintain profitability

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You’re absolutely right. Sorry about that. Omnicom has their Q3 earnings call last week and I’ve seen projections for several of the other holdings that were quite positive. I was trying to find an article I could link to that wasn’t behind a paywall. I did a Google search on their News tab, and this was among the top hits. I should have checked more closely. My apologies!

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Looks like revenue, not profit

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Half of that goes into the offices and software to spy on employees.

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Revenue does not equal profit.

That revenue is incredibly diverse too, not just brand agency.

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