Omnicom UK media agencies unaffected by cutbacks

LONDON - UK Omnicom media agencies OMD and PHD are not expected to be affected by the job losses looming over their US counterparts, according to UK bosses.

Omnicom UK media agencies unaffected by cutbacks
Omnicom UK media agencies unaffected by cutbacks

The marketing and advertising group is reported to be cutting up to 3,500 jobs, nearly 5% of its global media and creative workforce. While full details have yet to be announced, a US report cites 30 redundancies are expected across North America's PHD and the closure of its Atlanta office.

Daren Rubins, managing director of PHD (UK) which won the £25m media business for Cadbury earlier this year, stressed the cuts would not have any impact on the UK business.

"We've had a fantastic year and we're only expecting to build on this in 2009," he said.

Similar sentiments were echoed by Philippa Brown, chief executive of Omnicom Media Group, who said no job cuts were planned for the UK.

Omnicom agencies likely to see redundancies include those with links to the soft US automotive sector like creative US shop BBDO, which counts Chrylser among its clients.

The news comes as agencies on both sides of the Atlantic brace themselves for a tough 2009, as advertisers slash marketing budgets to combat poor trading conditions.

Aegis Group completes a round of redundancies across its global client team this week, including a number of client director roles. The home to Carat, Vizeum and Isobar agencies has played down the redundancies as "internal tweaking" aimed at providing better integration between online and digital across the group.

Meanwhile, WPP Group, parent to MediaCom, Mindshare and Mediaedge:cia, has been operating under an employment freeze since October, and chief executive Martin Sorrell has warned jobs could go in the more mature markets in 2009.

Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

Watch the first YouTube clip, nine years on

Watch the first YouTube clip, nine years on

This week marks the ninth anniversary of the first clip uploaded on YouTube, a 19-second video of YouTube co-founder Jawed Karim at the San Diego Zoo.

Share
Yahoo hosts exclusive X-Men: Days of Future Past films

Yahoo hosts exclusive X-Men: Days of Future Past films

Yahoo has partnered with film distributor Twentieth Century Fox to create a global content hub on its Yahoo Movies platform for new release 'X-Men: Days of Future Past'.

Share
My Media Week: Stuart Taylor

My Media Week: Stuart Taylor

This week, Stuart Taylor, chief executive, Kinetic UK, is inspired by the new tech coming to market and how wearables and smart cities will impact on OOH.

Share

Get news by email