Days after Omnicom closed its acquisition of Interpublic Group, U.S. staff returned from Thanksgiving break to a harsh actuality: hundreds of layoffs, dissolved companies, and a brand new advantages package deal that employees describe as “the worst [they’ve] ever had.”
Employee handbooks and advantages paperwork obtained by ADWEEK present the brand new Omnicom’s insurance policies are a major downgrade from IPG’s legacy package deal within the U.S.
Those coming from IPG will lose quite a lot of paid trip days whereas buying and selling in for diminished parental go away and vacation time, new severance limits, well being plans that may end up in increased prices, and a return-to-office requirement that impacts raises and severance eligibility.