IPG Mediabrands Implements Furloughs and Layoffs Across Agencies

Less than 5% of its employees were let go

The IPG Mediabrands logo against a black background
IPG Mediabrands' announcement follows IPG CEO Michael Roth addressing measures across the holding company. IPG Mediabrands

IPG Mediabrands went through a series of cost-cutting measures today, including furloughs and layoffs, across all of its agencies due to the impact of the coronavirus pandemic.

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