Omnicom's 4 September 2026 release says CFO Phil Angelastro would present at the Goldman Sachs Communacopia + Technology Conference "on Thursday, September 10, 2026 at 8:10 a.m. Pacific Time"; the transcript of that session has him say 105,000 is "a pretty good estimate" for headcount "by the end of the year 2026", down from "about 120,000".[1]
Omnicom expects to end 2026 with about 105,000 staff, roughly 15,000 or an eighth fewer than the 120,000 it had after buying Interpublic, through merger cuts, outsourcing, offshoring and disposals.
At the Goldman Sachs Communacopia + Technology Conference on 10 September 2026, CFO Phil Angelastro said Omnicom's headcount of about 120,000 at the end of 2025 should fall to about 105,000 by the end of 2026, a reduction of roughly 15,000[1][3][4].
The figure is broader than redundancies: Angelastro tied it to "duplicative corporate costs and duplicative regional management", to outsourcing and offshoring, and to businesses Omnicom is disposing of, with dispositions expected to be "largely complete" by year-end[1][3].
He said the "headcount changes really have not impacted client-facing people very much at all", and that the cuts serve the $1.5 billion of gross cost synergies targeted from the Interpublic Group acquisition[1][2][3].
Omnicom closed its takeover of IPG in November 2025; in December more than 4,000 roles were expected to go as it consolidated management and retired agency brands including DDB, FCB and MullenLowe[1][2].
The update followed PepsiCo moving its global media account to Publicis Groupe after more than 25 years, a loss DecisionMarketing puts at about $100m in fees; Angelastro called it "a disappointment" that "you can't sugarcoat" but said it should not significantly affect 2027[1][2][3].
Omnicom still guides to 4.5% to 5% organic revenue growth for 2026, after core operations grew 6.1% organically to about $6 billion of revenue in the June quarter[1][3].
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mediaweek.com.au· Gepostet am 23. Sept. 2026· Beginn 10. Sept. 2026 ✓· 26 % der Wertung
Omnicom's 4 September 2026 release says CFO Phil Angelastro would present at the Goldman Sachs Communacopia + Technology Conference "on Thursday, September 10, 2026 at 8:10 a.m. Pacific Time"; the transcript of that session has him say 105,000 is "a pretty good estimate" for headcount "by the end of the year 2026", down from "about 120,000".
decisionmarketing.co.uk· Veröffentlicht am 14. Sept. 2026· 25 % der Wertung
Trade report of the 120,000-to-105,000 reduction from the Goldman Sachs conference, tied to the $1.5bn IPG synergy target and PepsiCo's move of its global media account to Publicis.[1]
investing.com· Veröffentlicht am 10. Sept. 2026· 25 % der Wertung
Transcript of Angelastro's session: about 120,000 staff at end-2025, about 105,000 expected by the end of 2026, driven by duplicative corporate and regional roles, outsourcing, offshoring and dispositions; comments on the Pepsi loss.[1]
omc.com· Veröffentlicht am 4. Sept. 2026· 24 % der Wertung
Omnicom's own release fixes the session where the headcount target was given: CFO Phil Angelastro presenting in San Francisco on Thursday, September 10, 2026 at 8:10 a.m. Pacific.[1]
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