by Oliver McAteer
Omnicom Group CEO John Wren
Staff reductions, salary slashes and furloughs are taking place across Omnicom Group agencies, the CEO has confirmed.
In a memo to all 70,000 global employees, John Wren explained that leadership will be cutting down their pay by a third, while he will forgo his entire salary until the end of September.
Wren said: “Since my last note to you, we have solidified some of the internal measures to adjust our business to meet the changing needs of our clients. Regrettably, this will include furloughs and staff reductions across many of our agencies. We are doing everything we c
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