Australia, China and Singapore are among markets facing an 11% cut in headcount in response to challenging markets. Dentsu shares traded down 5% today.
After defending its full media mandate in India, OMD has now added Bangladesh to its remit.
Media agencies UM and Mediacom split top APAC employee awards with a pair each.
In India digital media is expected to grow in excess of 25 percent compared to a three percent growth for print
Promotion to a New York-based role is part of a global leadership realignment announced by global CEO Christian Juhl.
Isobar global CEO now takes charge of DAN Creative, following the exit of Dick van Motman.
Top news, insights and analysis every weekday
Sign up for Campaign Bulletins