Layoff alert! Dentsu Group to slash 3,400 foreign jobs to trim cost
Updated 14 Aug 2025, 01:17 PM IST
Japanese advertising company Dentsu Group Inc. said it will cut about 3,400 jobs in markets outside of Japan, equivalent of 8% of headcount in the region according to a statement Thursday.
The company is mulling options including forming partnership for overseas operations, it said.
The advertising agency said it's making 'steady progress' to achieve an operating margin on 16% to 17% in fiscal 2027 and is expected to deliver approximately ¥52 billion ($355 million) in annual operating cost cuts, exceeding the target, it said.
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The Hindu
an hour ago
- The Hindu
Donald Trump signals U.S. may not impose secondary tariffs on India over Russian oil
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NDTV
an hour ago
- NDTV
Trump Claims Russia Lost "Oil Client" India, Then Another Tariff Warning
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Time of India
2 hours ago
- Time of India
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