Sabrina Sanchez
May 10, 2023

Stagwell cuts 300 staffers as client spend slows, leading to Q1 revenue decline

The holding company attributed the decline to comparisons with above average results in 2022 and slowing client spend amid a workforce restructuring

Please sign in or register

Access limited free articles a month after free, fast registration.

Existing users sign in here

Forgotten Password?

Having trouble signing in?

Contact Customer Support at
[email protected]
or call+91 22 69489600

Related Articles

Just Published

12 minutes ago

Omnicom keeps six media networks but switches ...

Omnicom Media Group rebrands as Omnicom Media.

12 hours ago

Omnicom reveals huge agency shake-up, unveils new ...

Sweeping Omnicom shake-up will scrap three storied creative networks—DDB, FCB and MullenLowe.

15 hours ago

The quiet rise of story-driven short video in India

Shorter attention spans have transformed the way content is being consumed and the brands are paying attention.

16 hours ago

Chaka Sobhani set for new role after Omnicom ...

Sobhani is currently president and global chief creative officer at DDB Worldwide.