IPG CEO Michael Roth Addresses Layoffs and Cost-Cutting Across IPG Agencies

Shops forced to make tough decisions despite efforts to reduce expenses

Michael Roth
In a memo, Roth said some of IPG’s agencies need to implement staff reductions. Getty Images

IPG CEO Michael Roth sent a memo to all IPG agencies Friday addressing cost-cutting measures taken across the holding company. While trimming in most areas of the business proved to be helpful, Roth noted that some of IPG’s agencies need to implement staff reductions.

@ErikDOster erik.oster@adweek.com Erik Oster is an agencies reporter for Adweek.
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