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	<title><![CDATA[omnicom Resources | BNET]]></title>
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	<description><![CDATA[White papers, case studies, business articles, and blog posts relating to omnicom]]></description>
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		<title><![CDATA[Omnicom's Wren: Chrysler Is "at Risk" and We're Pitching; 5,000 Jobs Lost Since '08]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/10004454/omnicoms-wren-chrysler-is-at-risk-and-were-pitching-5000-jobs-lost-since-08/]]></link>
		<description><![CDATA[Omnicom chief John Wren appeared to be using his Q3 2009 conference call to pitch rival auto accounts to Chrysler, or at least to alert clients that his agencies -- including BBDO -- may be available for work soon. Wren told investors Chrysler was "at risk" and that Omnicom's agencies...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Thu, 22 Oct 2009 14:59:05 -0700</pubDate>
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		<title><![CDATA[Omnicom and FAN team up to attract marketers]]></title>
		<link><![CDATA[http://www.bnet.com/2448-14025_23-355271.html]]></link>
		<description><![CDATA[ The Fox Audience Network FAN and Omnicom are working together to produce Living Segments, an online ad targeting and buying platform, in the hope of raising their profiles. The project expands on FAN's current network, which at present enables clients to bid on inventory related to specific demographics. ...]]></description>
		<s:doctype><![CDATA[Articles]]></s:doctype>
		<pubDate>Wed, 21 Oct 2009 20:56:57 -0700</pubDate>
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		<category domain="http://rss.financialcontent.com/stocksymbol">OMC</category>
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	<item>
		<title><![CDATA[What Omnicom Gets for Its Layoffs: $116,000 Per Person]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/10003890/what-omnicom-gets-for-its-layoffs-116000-per-person/]]></link>
		<description><![CDATA[Omnicom has reduced its salaries bill by $404 million in the last year as it laid off 3,500 people, according to a filing with the SEC. Crunch those numbers and you find that on average, laying off each Omnicom staff member saves the company about $116,000 in salary and benefit...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Tue, 08 Sep 2009 11:19:48 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/layoff.html"><![CDATA[Layoff]]></category>
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		<category domain="http://resources.bnet.com/topic/jim+edwards.html"><![CDATA[Jim Edwards]]></category>
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		<title><![CDATA[Omnicom Drops Bonuses for Top Execs Who Get Fired; Another Example of Lax Board Oversight]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/10002447/omnicom-drops-bonuses-for-top-execs-who-get-fired-another-example-of-lax-board-oversight/]]></link>
		<description><![CDATA[Omnicom has dropped a plan that would pay bonuses to its top executives of millions of dollars even if they are fired for cause. The move illustrates how compliant, expensive boards can sometimes create even more expensive executive compensation packages that destroy shareholder value. by Jim Edwards]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Wed, 03 Jun 2009 09:18:35 -0700</pubDate>
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		<title><![CDATA[Omnicom's Top Execs Saw Pay Slashed to Save Bonuses for Underlings]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/10001565/omnicoms-top-execs-saw-pay-slashed-to-save-bonuses-for-underlings/]]></link>
		<description><![CDATA[Omnicom's top executives took massive pay cuts so that their underlings could continue to receive their bonuses, according to a filing the company made with the SEC today.    CEO John Wren's total compensation in 2008 was cut from $10.4 million to $3 million. BBDO CEO Andrew Robertson...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Thu, 09 Apr 2009 09:21:20 -0700</pubDate>
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		<title><![CDATA[Omnicom Delaying Payments to Photographers, Too]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/10001559/omnicom-delaying-payments-to-photographers-too/]]></link>
		<description><![CDATA[Here's something that BNET missed: Remember that new Omnicom policy of delaying payments to TV commercial producers until the client has paid the agency? Turns out it also applies to photographers.    Although photographers charge less money than TV producers, they are used more often because virtually all...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Thu, 09 Apr 2009 09:01:08 -0700</pubDate>
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		<title><![CDATA[Omnicom, in Cash Crunch, to Delay Payments to U.S. TV Producers]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/10001217/omnicom-in-cash-crunch-to-delay-payments-to-us-tv-producers/]]></link>
		<description><![CDATA[Omnicom is requiring that U.S. commercial producers wait until clients pay its agencies before they pay the producers' bills. The news, reported by Adweek, confirms that Omnicom is doing everything it can to slow down outgoing cash payments as clients slow down their payments to agencies.    BNET...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Thu, 12 Mar 2009 09:53:21 -0700</pubDate>
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		<title><![CDATA[Clients Are Delaying Payments to Agencies]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/10001012/clients-are-delaying-payments-to-agencies/]]></link>
		<description><![CDATA[Clients such as General Motors and Anheuser-Busch InBev are delaying payments to agencies by as much as 120 days, the WSJ reports:    Anheuser-Busch InBev is trying to overhaul all its vendor contracts, including advertising-related deals. The world's largest brewer by sales recently told media outlets that they...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Mon, 23 Feb 2009 08:52:05 -0800</pubDate>
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		<title><![CDATA[Omnicom, Publicis Worst Hit in Auto Brand Axings]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/1000949/omnicom-publicis-worst-hit-in-auto-brand-axings/]]></link>
		<description><![CDATA[The news that General Motors and Chrysler are to cut or scale back several automobile brands will fall most heavily on Omnicom and its BBDO and PHD units.    Publicis's Leo Burnett and its media group will also suffer. Coming out of the fallout somewhat less lethally injured...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Wed, 18 Feb 2009 11:42:13 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/accounts+payable.html"><![CDATA[Accounts Payable]]></category>
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		<category domain="http://resources.bnet.com/topic/general+motors+corp..html"><![CDATA[General Motors Corp.]]></category>
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		<category domain="http://rss.financialcontent.com/stocksymbol">GMGMQ</category>
		<category domain="tickers">GMGMQ</category>
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		<title><![CDATA[Omnicom's Credit Crunch: a Gamble by CEO Wren That Didn't Pay Off]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/1000907/omnicoms-credit-crunch-a-gamble-by-ceo-wren-that-didnt-pay-off/]]></link>
		<description><![CDATA[Omnicom has been put on Standard & Poor's creditwatch, placing its A- credit rating in doubt. Adweek reported the news, and gave this reasoning from S&P credit analyst Heather Goodchild:  We are also concerned about Omnicom's overall funding flexibility as a result of recent and potential debt puts. ...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Fri, 13 Feb 2009 13:08:48 -0800</pubDate>
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		<category domain="http://resources.bnet.com/topic/fitch+cuts+wpp.html"><![CDATA[Fitch Cuts WPP]]></category>
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		<title><![CDATA[Omnicom's John Wren Got $25 Mil. Stock Bonus Days After 3,500 Layoffs]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/1000513/omnicoms-john-wren-got-25-mil-stock-bonus-days-after-3500-layoffs/]]></link>
		<description><![CDATA[Omnicom gave CEO John Wren 1 million stock options as a Christmas present just 13 days after he laid off 3,500 employees at his agencies.    The options have a strike price of $25.48. The options have a face value of $25.4 million. The stock can only be...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Wed, 14 Jan 2009 06:55:07 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/layoff.html"><![CDATA[Layoff]]></category>
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	<item>
		<title><![CDATA[IPG and Omnicom Downgraded by Deutsche Bank on Layoff News]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/1000447/ipg-and-omnicom-downgraded-by-deutsche-bank-on-layoff-news/]]></link>
		<description><![CDATA[Deutsche Bank analyst Matt Chesler has downgraded the target share prices of both Omnicom and Interpublic following news of layoffs at both networks. Noting the 3,500 layoffs at Omnicom agencies see BNET coverage here and here, Chesler wrote in a note to investors:  We ... think OMC is acting...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Fri, 19 Dec 2008 10:53:04 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/layoff.html"><![CDATA[Layoff]]></category>
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		<category domain="http://rss.financialcontent.com/stocksymbol">DB</category>
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	<item>
		<title><![CDATA[Omnicom Lays Off 3,500; Are More Layoffs on the Way?]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/1000439/omnicom-lays-of-3500-are-more-layoffs-on-the-way/]]></link>
		<description><![CDATA[Omnicom is to lay off 5 percent of its workforce, or about 3,500 of its 70,000 employees worldwide. BBDO is expected to take a large hit as it is Chrysler's agency of record. The question now is, will those cuts be enough or must Omnicom agencies bleed some more to...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Thu, 18 Dec 2008 08:43:39 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/layoff.html"><![CDATA[Layoff]]></category>
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	<item>
		<title><![CDATA[Omnicom's Wren Hints at Layoffs, Bonus Cuts to Come]]></title>
		<link><![CDATA[http://www.bnet.com/5208-14024-0.html?forumID=1&threadID=4108&messageID=19785&start=0]]></link>
		<description><![CDATA[Omnicom's Wren Hints at Layoffs, Bonus Cuts to ComeRE: Omnicom's Wren Hints at Layoffs, Bonus Cuts to ComeJimâ€¦..you state the obvious.  Wren is trying to sugar coat the situation for as long as he can, but layoffs are inevitable.  My only question is what do you think he...]]></description>
		<s:doctype><![CDATA[Discussion threads]]></s:doctype>
		<pubDate>Tue, 28 Oct 2008 08:30:00 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/workforce+management.html"><![CDATA[Workforce management]]></category>
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		<title><![CDATA[Omnicom's Wren Hints at Layoffs, Bonus Cuts to Come]]></title>
		<link><![CDATA[http://industry.bnet.com/advertising/1000269/omnicoms-wren-hints-at-layoffs-bonus-cuts-to-come/]]></link>
		<description><![CDATA[A close look at Omnicom's third quarter earnings and the agency holding company's conference call offer some worrying data points of you're an employee at one of CEO John Wren's agencies: The boss says you're a flexible expense who could be cut.    Let's examine what was said...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Mon, 27 Oct 2008 09:57:36 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/asset.html"><![CDATA[Asset]]></category>
		<category domain="http://resources.bnet.com/topic/layoff.html"><![CDATA[Layoff]]></category>
		<category domain="http://resources.bnet.com/topic/staffing.html"><![CDATA[Staffing]]></category>
		<category domain="http://resources.bnet.com/topic/agency.html"><![CDATA[Agency]]></category>
		<category domain="http://resources.bnet.com/topic/recession.html"><![CDATA[Recession]]></category>
		<category domain="http://resources.bnet.com/topic/net+income.html"><![CDATA[Net Income]]></category>
		<category domain="http://resources.bnet.com/topic/omnicom.html"><![CDATA[Omnicom]]></category>
		<category domain="http://resources.bnet.com/topic/asset+management.html"><![CDATA[Asset Management]]></category>
		<category domain="http://resources.bnet.com/topic/operational+planning.html"><![CDATA[Operational Planning]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
		<category domain="http://resources.bnet.com/topic/jim+edwards.html"><![CDATA[Jim Edwards]]></category>
		<category domain="http://resources.bnet.com/topic/asset.html"><![CDATA[Asset]]></category>
		<category domain="http://resources.bnet.com/topic/layoff.html"><![CDATA[Layoff]]></category>
		<category domain="http://resources.bnet.com/topic/staffing.html"><![CDATA[Staffing]]></category>
		<category domain="http://resources.bnet.com/topic/agency.html"><![CDATA[Agency]]></category>
		<category domain="http://resources.bnet.com/topic/recession.html"><![CDATA[Recession]]></category>
		<category domain="http://resources.bnet.com/topic/net+income.html"><![CDATA[Net Income]]></category>
		<category domain="http://resources.bnet.com/topic/omnicom.html"><![CDATA[Omnicom]]></category>
		<category domain="http://resources.bnet.com/topic/asset+management.html"><![CDATA[Asset Management]]></category>
		<category domain="http://resources.bnet.com/topic/operational+planning.html"><![CDATA[Operational Planning]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
		<category domain="http://resources.bnet.com/topic/jim+edwards.html"><![CDATA[Jim Edwards]]></category>
	</item>
	<item>
		<title><![CDATA["Get Hired" Career Program to Offer Insights on Jobs and Hiring Trends With Experts From Omnicom, Express Employment and Monster.com]]></title>
		<link><![CDATA[http://findarticles.com/p/articles/mi_pwwi/is_200808/ai_n28035110]]></link>
		<description><![CDATA[The Dallas-Fort Worth Chapter of the American Marketing Association AMA announces that on Thursday, August 28 from 11:30AM to 1:30PM, it will   host "Get Hired," a careers program featuring Kelly Jensen, Omnicom Management Services, Mike Overby, Express Employment Personnel and Robert Waring, Monster.com at the Fort Worth Club,...]]></description>
		<s:doctype><![CDATA[Research articles]]></s:doctype>
		<pubDate>Fri, 22 Aug 2008 23:59:59 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/american+marketing+association.html"><![CDATA[American Marketing Association]]></category>
		<category domain="http://resources.bnet.com/topic/career.html"><![CDATA[career]]></category>
		<category domain="http://resources.bnet.com/topic/hiring.html"><![CDATA[hiring]]></category>
		<category domain="http://resources.bnet.com/topic/job.html"><![CDATA[job]]></category>
		<category domain="http://resources.bnet.com/topic/monster.html"><![CDATA[Monster]]></category>
		<category domain="http://resources.bnet.com/topic/omnicom.html"><![CDATA[Omnicom]]></category>
		<category domain="http://resources.bnet.com/topic/recruiting.html"><![CDATA[recruiting]]></category>
		<category domain="http://resources.bnet.com/topic/staffing.html"><![CDATA[staffing]]></category>
		<category domain="http://resources.bnet.com/topic/.html"><![CDATA[]]></category>
	</item>
	<item>
		<title><![CDATA[The consolidation trend.(News)(advertising agencies)]]></title>
		<link><![CDATA[http://findarticles.com/p/articles/mi_hb6398/is_200712/ai_n25582717]]></link>
		<description><![CDATA[Byline: ryan mcconnell    Dell is just one in a long line of marketers that have  consolidated-or deconsolidated-with agency holding companies over the  years. Some of the relationships have worked out and some haven't.  Below is a look at how some of the more prominent...]]></description>
		<s:doctype><![CDATA[Research articles]]></s:doctype>
		<pubDate>Mon, 10 Dec 2007 23:59:59 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/advertisement.html"><![CDATA[advertisement]]></category>
		<category domain="http://resources.bnet.com/topic/agency.html"><![CDATA[agency]]></category>
		<category domain="http://resources.bnet.com/topic/bbdo.html"><![CDATA[BBDO]]></category>
		<category domain="http://resources.bnet.com/topic/consolidation.html"><![CDATA[consolidation]]></category>
		<category domain="http://resources.bnet.com/topic/dell+computer+corp..html"><![CDATA[Dell Computer Corp.]]></category>
		<category domain="http://resources.bnet.com/topic/ford+motor+co..html"><![CDATA[Ford Motor Co.]]></category>
		<category domain="http://resources.bnet.com/topic/marketing.html"><![CDATA[MARKETING]]></category>
		<category domain="http://resources.bnet.com/topic/omnicom.html"><![CDATA[Omnicom]]></category>
		<category domain="http://resources.bnet.com/topic/wpp.html"><![CDATA[WPP]]></category>
		<category domain="http://resources.bnet.com/topic/.html"><![CDATA[]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">DELL</category>
		<category domain="http://rss.financialcontent.com/stocksymbol">F</category>
		<category domain="tickers">DELL,F</category>
	</item>
	<item>
		<title><![CDATA[Late News.]]></title>
		<link><![CDATA[http://findarticles.com/p/articles/mi_hb6398/is_200608/ai_n25579176]]></link>
		<description><![CDATA[Becks hands global creative to Ground Zero    [brussels, belgium] Becks beer has dumped Publicis Groupe's  Leo Burnett for Ground Zero. The German beer, which has seen U.S. sales  decline nearly 6% since 2000, a period when imports overall are up about  28%, transferred its...]]></description>
		<s:doctype><![CDATA[Research articles]]></s:doctype>
		<pubDate>Mon, 14 Aug 2006 23:59:59 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/abc+inc..html"><![CDATA[ABC Inc.]]></category>
		<category domain="http://resources.bnet.com/topic/billing.html"><![CDATA[billing]]></category>
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		<category domain="http://resources.bnet.com/topic/nielsen+media+research.html"><![CDATA[Nielsen Media Research]]></category>
		<category domain="http://resources.bnet.com/topic/omnicom.html"><![CDATA[Omnicom]]></category>
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	</item>
	<item>
		<title><![CDATA[CEO looks to strengthen position of ad-agency group Publicis in India.]]></title>
		<link><![CDATA[http://findarticles.com/p/articles/mi_hb5553/is_200412/ai_n22284787]]></link>
		<description><![CDATA[By Ravi Balakrishnan, The Economic Times, India Knight  Ridder/Tribune Business News    Dec. 8--Around eight years ago, a relatively unknown agency group  from  France was slugging it out for the big league. Still a good  distance from  challenging the mighty triumvirate of Omnicom,...]]></description>
		<s:doctype><![CDATA[Research articles]]></s:doctype>
		<pubDate>Wed, 08 Dec 2004 23:59:59 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/acquisition.html"><![CDATA[acquisition]]></category>
		<category domain="http://resources.bnet.com/topic/agency.html"><![CDATA[agency]]></category>
		<category domain="http://resources.bnet.com/topic/economic+times.html"><![CDATA[Economic Times]]></category>
		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[FINANCE]]></category>
		<category domain="http://resources.bnet.com/topic/india.html"><![CDATA[India]]></category>
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		<category domain="http://resources.bnet.com/topic/marketing.html"><![CDATA[MARKETING]]></category>
		<category domain="http://resources.bnet.com/topic/omnicom.html"><![CDATA[Omnicom]]></category>
		<category domain="http://resources.bnet.com/topic/publicis.html"><![CDATA[Publicis]]></category>
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		<category domain="http://resources.bnet.com/topic/.html"><![CDATA[]]></category>
	</item>
	<item>
		<title><![CDATA[Omnicom moves to halt share free-fall.]]></title>
		<link><![CDATA[http://findarticles.com/p/articles/mi_hb4692/is_200207/ai_n17761321]]></link>
		<description><![CDATA[Jul 14, 2002 The Australian Financial Review    ABIX via COMTEX -- US-based advertising and communications group,  Omnicom, may have succeeded in regaining shareholder support. Following  a month-long 42 per cent drop in its share price, the company's  shares edged back 6.4 per cent in...]]></description>
		<s:doctype><![CDATA[Research articles]]></s:doctype>
		<pubDate>Sun, 14 Jul 2002 23:59:59 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/advertisement.html"><![CDATA[advertisement]]></category>
		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[FINANCE]]></category>
		<category domain="http://resources.bnet.com/topic/omnicom.html"><![CDATA[Omnicom]]></category>
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