Omnicom Restructures and Cuts Jobs Following IPG Acquisition
Tom Cunningham, IPG's global head of communications for over 20 years, is leaving following Omnicom's $9 billion acquisition of IPG, which resulted in restructuring and layoffs. Cunningham expressed pride in fostering a collaborative communications culture at IPG, and will pursue consulting and creative projects. Omnicom's leadership will continue to oversee the integrated company's communications, with some key roles remaining unchanged. The merger aims to create the world's largest marketing services holding company, with minimal disruption expected in the PR sector.
