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Shops Begin the Year With Layoffs

By: Rupal Parekh on January 27, 2012

MDC Partners' CP&B and Publicis Groupe's Saatchi & Saatchi, New York, this week let go just under 5% of its staff, while WPP Group's Ogilvy earlier in the month laid off 60 people out of its overall staff of 2,000. What does this mean for the industry?

Omnicom Posts Nearly Flat First-Quarter Profit

By: Rupal Parekh on April 20, 2010

NEW YORK (AdAge.com) -- Omnicom Group, the world's No. 2 advertising holding company, posted nearly flat profit for the first quarter of 2010, as Omnicom CEO John Wren said the business environment continues to "stabilize and improve."

4A's to Release First Position Paper on Agency Compensation

By: Rupal Parekh on October 14, 2010

NEW YORK (AdAge.com) -- For the first time, the 4A's is taking a stance on how agencies should be thinking and talking about compensation -- within their own walls as well as with clients out in the marketplace.