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What does this even mean?!

anyone use Lunchclub AI?
Starting my first job soon.
Protips?
Food/bar recos in CHS?
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I can tell ya with confidence from the outside; layoffs.
Rising Star
I hope we get paid in eggs
I think the word you’re all looking for is “efficiencies.”
Or perhaps “synergies.”
IKR, like god forbid some CEO doesn’t get his $X million bonus while the working class suffers. People actually wonder why LM has become a folk hero.
The layoffs for IPG's "pre-acquisition restructuring" are already happening. Largely data and IT. For now it seems that the c-suite folks are sticking to their promise of sparing "client-facing roles", but I don't see that holding 100% true by the end of the year. That said, I'd say the safest places at IPG are FCB Health and Area23, given their sheer size and revenue-generating records as recently as Q4 2024. I genuinely think the motivation for this move on Omnicom's part was to take advantage of IPG's health offerings as well as some of its media capabilities. Their biggest streamlining goal is back-office.
It’s not off the table.
https://www.mmm-online.com/news/rfk-jr-hhs-gutted-opdp-impact-on-pharma-advertising/
Layoffs have already been happening for months. They’ve been doing it in small groups so that it flies under the radar.
I anticipate end of Q2 will be a round of “efficiencies.” Typically happens at the end of the quarter.
Or, as they say in the all-staff emails, “rightsizing.”
Any idea when this will truly go into effect? End of summer would’ve been my guess
Last I heard was Q3 going into Q4
BBDO lays off IPG
Chief
Marten comes in and it’s MBBDOTBWAFCB
There hasn't been one instance in which the outcome of a merge is hiring more people. Never in the history of the world, no matter the industry. So, unless they have already talked to you about a promotion (meaning, they are firing people in the higher ranks, and your name is on the table to fill those positions for much less money), I would highly recommend that you start looking.
Layoffs.
Believe layoffs are already being vocalized publicly
Layoffs and a lot of freelance hire to get shit done
I just got an offer letter to a Manager position at OMD, contemplating on whether I should take it with this take over happening