Omnicom Remains Optimistic Amid Third Quarter Revenue Decline

The holding company reported an increase in organic growth

Omnicom also announced it had reduced staff by around 1,400, of which 500 will be replaced, which Wren characterized as a restructuring to keep pace with the industry. Omnicom

CEO John Wren took an optimistic tone in Omnciom’s third quarter earnings report call, despite the holding company reporting a slight decline in revenue compared to the third quarter of 2017.

@ErikDOster Erik Oster is an agencies reporter for Adweek.