Omnicom mitigated the impacts of the COVID-19 pandemic on its business in part by cutting 6,100 jobs across its network in the second quarter, the company said Tuesday during its earnings call. Omnicom also froze hiring, eliminated salary increases, implemented voluntary pay cuts across its agencies and participated in government subsidy programs in 35 markets.… Continue reading »
The post Omnicom Cut 6,100 Jobs In Q2, But Believes The Worst Is Over appeared first on AdExchanger.