A WARN notice filed with New York State shows that 92 of 251 employees at IPG’s former NYC headquarters at 909 Third Avenue will be laid off, along with two of 84 staff at the former holdco’s 100 West 33rd Street office.
While the IPG brand has been swallowed whole by Omnicom, the notice was submitted under IPG’s corporate legal entity. This is common practice when mass layoffs occur within a subsidiary of a larger parent company, and could also reflect the administrative lag that often follows an acquisition.
ADWEEK reached out to Omnicom for a statement. It did not reply in time for publication.
More Cuts at ‘New Omnicom’
In December 2025, the new Omnicom announced 4,000 redundancies as part of a sweeping restructure, which saw it retire major creative agency brands including FCB, DDB, and MullenLowe.
The job cuts came in addition to the 3,200 roles IPG shed earlier last year ahead of the acquisition, and the 3,000 staffers Omnicom let go after announcing the deal last fall.
At the time, Omnicom chief executive (CEO) John Wren estimated the total number of eliminated positions to around 10,000, or roughly 8% of the combined companies’ 2024 headcount.
During Omnicom’s first post-acquisition quarterly earnings update in February, Wren revealed that he had doubled the company’s cost-cutting target to $1.5 billion by 2028. This includes saving $900 million in 2026.
Wren told investors that $1 billion of Omnicom’s savings would come from “reductions in labor cost,” achieved by cutting corporate, network, and operational roles.
He also said that a simplified regional, country, and brand structure, and a more “unified” business model, along with outsourcing and offshoring to lower-cost markets, would help Omnicom reach its goal in the next 30 months.
