Omnicom will start mass laying people off the moment they merge with IPG. While people can be let go on a whim in the US, how will they lead with markets like Europe where you can’t just let go of people?

likehelpful
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That’s a pretty bold statement. You’re assuming they’ll be anyone left at IPG to lay off…

likefunnysmart

I heard big layoffs were coming before the merger. Then, they’ll be more after.

like

Yea the q4 repots literally say like $1billion across both omnicom and ipg

like

Redundancy payouts depending on length of service (I’d imagine) as well as pay in lieu of notice. So people stop work as soon as they are made redundant, but may receive pay for longer. If a company in the UK makes a large volume of employees redundant, they have to go through a consultation process which lasts around a month I believe, before they officially terminate contracts.

like

They can in Europe, at least in the Netherlands, if they can prove that the business is performing poorly or something similar.

I’m talking to an IPG agency about an open role - would they be hiring for a role that would be let go within months? Should I avoid at all costs?

Don’t run. FLY. Stay away from IPG or Omnicom.

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