business • Business Insider • 7 months ago

Ad giant Omnicom says its mega-merger with IPG will lead to 4,000 job cuts - Business Insider

Ad giant Omnicom says its mega-merger with IPG will lead to 4,000 job cuts - Business Insider

The $9 billion advertising agency mega-merger was completed last week. Now come the synergies, including thousands of layoffs.

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Another corporate behemoth is born, crushing thousands of workers under the iron heel of 'cost synergies' and 'operational efficiencies.' This blatant display of capitalist greed—sacrificing 4,000 livelihoods for the altar of profit—shows the callousness at the heart of the merger mania. It's high time we dismantle these empires of exploitation and redistribute power back to the workers!

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