Omnicom job cuts take it to 105,000 staff by the end of 2026

Omnicom job cuts will leave the group with about 105,000 employees at the end of 2026. That is roughly 15,000 fewer than a year earlier. Chief financial officer Phil Angelastro gave the figure at the Goldman Sachs Communacopia + Technology Conference on 10 September 2026.

Omnicom counts 23,200 fewer people than before the IPG deal

Omnicom and Interpublic together employed 128,200 people at the end of 2024. The merger closed on 26 November 2025 and the group reported about 120,000 staff at the end of that year. The 105,000 target is 23,200 fewer people than two years earlier.

Angelastro tied the reduction to “merger synergies, largely due to duplicative corporate costs”. He also named outsourcing, offshoring and the sale of smaller businesses. Those disposals should be finished by the end of 2026.

PepsiCo leaves after 25 years and the CFO refuses to dress it up

Angelastro also spoke about PepsiCo, which moved its global media to Publicis. “It’s certainly a disappointment from our perspective,” he said, as reported by Digiday. PepsiCo had worked with Omnicom for more than 25 years.

The account covers roughly 1.8 billion dollars of core global media spend. Omnicom’s own fee revenue from it was about 100 million dollars. The group keeps PepsiCo’s public relations, creative and sports marketing work. Angelastro said Omnicom is running a detailed review of how the loss happened.

Integrated media is now more than half of Omnicom’s core revenue

Media buying sped up through the year. Organic growth moved from high single digits in the first quarter to double digits in the second quarter of 2026. Integrated media now makes up slightly more than half of core revenue, and the group reports an EBITA margin of 21 percent. The fastest growing part of the company is also the part that just lost its largest media client.

Regional management is the layer that runs multi-market accounts

For advertisers the useful number is not the total. It is where the cuts land. Regional management keeps a campaign consistent across a dozen markets, and that is the layer Angelastro named first. Ask your agency which people stay on the account after the disposals close. Ask what offshoring does to the hours your team is staffed, and get both answers in writing before the next renewal. The same questions apply elsewhere, because WPP is cutting roles too, and Omnicom’s advertising arm has just changed leader.