They say TBWA health is folding, people being distributed to other Omnicom agencies. Is this due to business losses or the beginning of the Omnicom/IPG reorganization?

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Honestly does not surprise me at all. With the re-org, you'd think Omnicom employees have the lion's share of job security but the health sector is maybe the *one* area where IPG has leverage. FCBHealth alone is a beast, not to mention Area 23. Not that everyone there is gonna keep their jobs either, but even Omnicom knows that you can't absorb an agency bigger than yours. The opposite happens.

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I think it’s pretty clear that although Omnicom is acquiring IPG, IPG Health will take over what’s left of Omnicom Health Group. Omnicom Health lost their CEO and Chief Marketing Officer after the merger was announced (clearly they saw the writing on the wall or maybe KNEW) and to my knowledge those roles haven’t been replaced, just interim people.

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The interim Head of HR (General Counsel who jumped in when the Global Head of HR left) is now leaving as well and not being replaced. At this point only the CFO is still in place at OHG. Seems like it’s just a matter of time until IPG Health takes over (whose C-Suite seems whole and is no stranger to network takeovers….ICC, McCann Health, etc.).

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Didn’t they only form like 10 years ago after merging a couple dying agencies? Leadership team there blows but somehow continues to fail upwards.

likefunny

Probably the re-org. Recent employee handbook had a change in severance pay outs. 6mo-2yrs=1 week pay

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Two weeks for the first year, one week for each additional was FCBs package for years. It increased to 2 weeks after year 15.

smart

Could it have a little to do with Keytruda losing exclusivity in a year or two?

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That’s WildType

https://wildtypehealth.com

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Can confirm.

One on the best agencies Ive worked at. Most of the work sucks but there are some good people and leadership here.. In my opinion it has to do with IPG acquisition but of course they’re not framing it that way

likesmart

We are expecting some “transfers.”

helpful

It was a nice agency to work at. But the leadership just spent time flying from office to office vs leading an organization through times and change.

Then there was infighting. Callahan left. KG gone. And the work was meh. Poor Robin could only do so much.

Poor Robin?

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