The Interpublic Group of Companies (IPG)

Company ID: 251 | CIK: 0000051644
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

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Business Unit / Product Segments

Major Customers (% of Revenue)

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Operational KPIs

Top 100 client revenue concentration (customers)

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Employees (headcount)

2004 Restatement liabilities (other)

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Acquisitions completed (other)

Adjusted EBITA margin (other)

Adjusted EBITA margin on net revenue (other)

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Annualized cost savings (other)

Assets outside United States (other)

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Available credit facility (other)

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Available liquidity (other)

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Available repurchase authorization (other)

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Available under share repurchase program (other)

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Average repurchase price (other)

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Book value per share (other)

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Capital expenditures (other)

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Capitalized systems reengineering costs (other)

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Cash and cash equivalents (other)

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Cash and marketable securities (other)

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Cash dividends per share (other)

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Cash, cash equivalents and marketable securities (other)

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Commercial paper outstanding (other)

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Committed credit facility availability (other)

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Common Shares Outstanding (other)

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Common shares issued (other)

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Common shares repurchased (other)

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Common stock outstanding (other)

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Companies acquired (other)

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Companies listed (other)

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Compensation expense ratio (other)

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Countries of operation (other)

Countries with agencies (other)

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Countries with agency operations (other)

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Countries with offices (other)

Covenant EBITDA (other)

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Credit Agreement EBITDA (other)

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Credit agreement leverage ratio (other)

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Credit rating (other)

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Current ratio (other)

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Depreciation and amortization (other)

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Diluted weighted-average shares (other)

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Dividends declared per share (other)

Domestic revenue growth (other)

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EBITDA (other)

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Employees terminated (other)

Employees terminated in restructuring (other)

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Expected operating cost savings (other)

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Facebook shares held (other)

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Facebook shares owned (other)

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Fixed charge coverage ratio (other)

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Goodwill reporting units tested (other)

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International revenue growth (other)

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International revenue share (other)

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Largest client concentration (other)

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Letters of credit outstanding (other)

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Locations downsized or vacated (other)

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McCann offices (other)

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Number of Reportable Segments (other)

Office and general expense ratio (other)

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Office and general expenses as % of revenue (other)

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Office and other direct expenses (other)

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Offices (other)

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Operating margin (other)

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Organic change in net revenue (other)

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Professional fees (other)

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Registered stockholders (other)

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Remaining buyback authorization (other)

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Reportable units tested for goodwill impairment (other)

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Repurchase authorization remaining (other)

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Return on average equity (other)

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Revenue by geography (other)

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Revenue from long-tenured clients (other)

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SG&A expense ratio (other)

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Salaries and related expenses (other)

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Salaries expense ratio (other)

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Segment EBITA margin (other)

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Selling, general and administrative expenses (other)

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Share repurchase authorization remaining (other)

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Share repurchase availability (other)

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Share repurchase program remaining (other)

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Shares outstanding (other)

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Specialized marketing services revenue mix (other)

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Stock options outstanding (other)

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Systems requiring Y2K remediation (other)

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Total debt (other)

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Offices downsized or closed (properties)

Long-tenured client revenue share (retention)

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Revenue, Remaining Performance Obligation, Amount (rpo)

Real estate footprint reduction (square_footage)

Planned office closures (stores)

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Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

Demographics

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Workforce Breakdowns

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HCM Metrics — Point-in-Time

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HCM Metrics — Flow (Annual / YTD)

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Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2025-09-30restructuringin_progress3,2002025-01-012025-12-31GlobalAll segments; executive, regional and account management, administrative, creative and media production personnelUSD 451 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2025 restructuring actions initiated in Q1 2025 to transform the business and drive structural expense savings. YTD severance and termination costs of $177.7 relate to a planned workforce reduction of approximately 3,200 employees; the Q3 component covered approximately 800 employees ($44.3 severance). Total program charges expected at approximately $450.0-$475.0, a portion non-cash; actions expected to be completed by end of 2025. Q3 restructuring charges were $129.5. Lease impairment costs of $108.0 YTD relate to vacated office space reducing the global real estate footprint by approximately 730,000 square feet YTD (135,000 in Q3).
2025-09-30restructuringin_progress3,2002025-12-31GlobalExecutive, regional and account management; administrative, creative and media production personnelUSD 451 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2025 restructuring actions initiated in Q1 2025 (exact announcement date not disclosed). Approximately 3,200 employees affected over the nine months ended 2025-09-30, of which approximately 800 in Q3 2025. Charge shown is restructuring expense recorded YTD; management expects total program charges of $450.0-$475.0, a portion non-cash. Severance and termination costs YTD were $177.7M; $74.9M liability remained at 2025-09-30.
2025-09-30restructuringin_progress8002025-01-012025-12-31GlobalExecutive, regional and account management; administrative, creative and media productionUSD 44 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance and termination costs for Q3 2025 related to planned reduction in workforce.
2025-09-30restructuringin_progress3,2002025-01-012025-12-31GlobalExecutive, regional and account management; administrative, creative and media productionUSD 178 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Cumulative severance and termination costs for YTD 2025 related to planned reduction in workforce.
2025-09-30restructuringin_progress800USD 129,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-30restructuringin_progressNon-cash Items [Member]USD 179,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-30restructuringin_progressCash Payments [Member]USD 196,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-30restructuringin_progressMD&E [Member]USD 37,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-30restructuringin_progressIA&C [Member]USD 24,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-30restructuringin_progressSC&E [Member]USD 11,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-30restructuringin_progressCorporate Segment and Other Operating Segment [Member]USD 56,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progress90020252025-12-31Executive, regional and account management; administrative, creative and media production personnelUSD 118 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-HTML
Q2 2025 portion of the 2025 Restructuring Actions: planned workforce reduction of approximately 900 employees during the three months ended June 30, 2025. Q2 charges of $118.0M comprise severance and termination costs $53.3M, lease impairment costs $23.1M (occupied global real estate footprint reduced ~165,000 sq ft) and other related costs $41.6M. Program YTD figures reported separately (~2,400 employees, $321.3M) — do not sum the two records.
2025-06-30restructuringin_progress2,40020252025-12-31Executive, regional and account management; administrative, creative and media production personnelUSD 321 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-HTML
Cumulative six months ended June 30, 2025 view of the 2025 Restructuring Actions (initiated Q1 2025), inclusive of the ~900-employee Q2 reduction reported separately. Charges: severance and termination costs $133.4M, lease impairment costs $93.4M (~595,000 sq ft vacated), other related costs $94.5M; non-cash portion $145.9M; restructuring liability $72.2M at June 30, 2025. Total program charges expected at approximately $375.0–$400.0M, a portion non-cash. YTD charge allocation by segment: MD&E $76.3M, IA&C $114.5M, SC&E $29.4M, Corporate and Other $101.1M.
2025-06-30restructuringin_progress2,4002025-03-312025-12-31GlobalExecutive, regional and account management; administrative, creative and media production personnelUSD 321 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program-to-date count for six months ended 2025-06-30 (Q2 alone: approximately 900 employees). Exact announcement date not disclosed; actions initiated in Q1 2025. Charge of $321.3M is the six-month total (severance $133.4M, lease impairment $93.4M, other $94.5M); management expects total program charges of approximately $375.0-$400.0M. Actions also reduced occupied global real estate by approximately 595,000 sq ft YTD.
2025-06-30restructuringin_progress9002025-01-012025-12-31GlobalExecutive, regional and account management; administrative, creative and media productionUSD 53 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2025 severance costs related to planned reduction of ~900 employees. Part of broader 2025 restructuring actions initiated in Q1.
2025-06-30restructuringin_progress2,4002025-01-012025-12-31GlobalExecutive, regional and account management; administrative, creative and media productionUSD 133 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD 2025 severance costs related to planned reduction of ~2,400 employees. Total expected charges for 2025 actions estimated at $375.0-$400.0 million.
2025-06-30restructuringin_progress900USD 118,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressNon-cash Items [Member]USD 145,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressCash Payments [Member]USD 103,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressMD&E [Member]USD 22,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressIA&C [Member]USD 59,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressSC&E [Member]USD 7,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressCorporate Segment and Other Operating Segment [Member]USD 28,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progress1,5002025-12-31USD 203 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-HTML
2025 restructuring actions initiated in Q1 2025 (previously announced; no specific announcement date given in this filing). Severance and termination costs relate to a planned workforce reduction of approximately 1,500 employees, affecting executive, regional and account management, administrative, creative and media production personnel. Q1 2025 charges of $203.3M comprise severance $80.1M, lease impairment $70.3M and other related costs $52.9M; management expects total program charges of approximately $300-$350M. Vacating office space reduced the occupied global real estate footprint by roughly 430,000 square feet. Restructuring liability of $61.0M remained at March 31, 2025 with $33.1M of cash payments made during the quarter; actions expected to be completed by the end of 2025.
2025-03-31restructuringin_progress1,5002025-12-31GlobalExecutive, regional and account management; administrative, creative and media production personnelUSD 203 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 charge of $203.3 includes $80.1 severance, $70.3 lease impairment, $52.9 other; $109.2 non-cash. Program total expected $300-350. Actions initiated in Q1 2025 as previously announced; filing gives no announcement date. Also vacated ~430,000 sq ft of office space.
2025-03-31restructuringin_progress1,5002025-01-012025-12-31GlobalExecutive, regional and account management; administrative, creative and media productionUSD 203 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes severance, lease impairments, and other costs. Total expected charges $300-$350 million.
2025-03-31restructuringin_progressUSD 203,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressNon-cash Items [Member]USD 109,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressCash Payments [Member]USD 33,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressMD&E [Member]USD 53,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressIA&C [Member]USD 55,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressSC&E [Member]USD 21,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressCorporate Segment and Other Operating Segment [Member]USD 72,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringcompleted2024-12-31GlobalCorporate and operating segmentsUSD -5 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2024 restructuring charges of $(5.0)M represent adjustments to 2020 and 2022 actions, primarily early lease terminations; no employee count disclosed.
2024-12-31restructuringannounced2025-01-012025-12-31GlobalEnterprise-widesubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Beginning Q1 2025, management initiated restructuring actions to transform the business and drive structural expense savings; some actions non-cash; completion expected by end of 2025; employee count not disclosed.
2024-12-31divestiture_reductionin_progress2024-07-012025-06-30GlobalMD&E (digital specialist agencies — R/GA and Huge)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
R/GA and Huge classified as held for sale in Q3 2024; one sale closed Q4 2024, the other expected to close in H1 2025; headcount not disclosed.
2024-12-31acquisition_additionannounced2024-12-032025-03-31GlobalMD&E (e-commerce intelligence platform — Intelligence Node)USD 50 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive purchase agreement signed December 3, 2024 for an e-commerce intelligence platform; expected to close Q1 2025 for $50.4M cash; headcount not disclosed.
2024-12-31restructuringcompleted2020-06-012020-12-31GlobalCorporate and otherUSD -3 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Adjustments to 2020 restructuring actions recorded in 2024. Net charge of $(3.2) million primarily related to lease impairments and reversals. Original plan completed in 2020.
2024-12-31restructuringcompleted2022-10-012022-12-31GlobalMD&EUSD -2 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Adjustments to 2022 Real Estate Actions recorded in 2024. Net charge of $(1.8) million. Original actions completed in 2022.
2024-12-31restructuringannounced2025-01-012025-12-31GlobalAll segmentssubsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Management began initiating restructuring actions in Q1 2025 to transform business and drive structural expense savings. Actions expected to be completed by end of 2025. Employee count not disclosed.
2024-12-31restructuringin_progressUSD -5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressUSD 1 (millions)MD&A
f5-10q / GLM-5.3-flash-HTML
2024 charges are adjustments to restructuring programs launched in 2020 and 2022, primarily real estate actions intended to reduce the office footprint and align cost structure with revenue. Nine-month charge of $1.4M (three-month charge $0.5M); YTD segment allocation: MD&E $0.8M, IA&C $0.3M, SC&E $0.3M. No employee counts or completion dates disclosed.
2024-09-30divestiture_reductionin_progress2025-09-30MD&E — digital specialist agencies R/GA and HugeUSD 15 (millions)other
f5-10q / GLM-5.3-flash-HTML
R/GA and Huge classified as held for sale during Q3 2024; announcement date shown as quarter-end classification date. Charge is a valuation allowance recorded on one disposal group to write carrying value down to fair value less cost to sell, within net losses on sales of businesses. The related triggering event also drove a $232.1M goodwill impairment in MD&E. Headcount not disclosed. Expected completion derived from the stated twelve-month sale window from designation.
2024-09-30divestiture_reductionin_progressMD&E, IA&C and SC&E — unprofitable, non-strategic agenciesUSD 6 (millions)MD&A
f5-10q / GLM-5.3-flash-HTML
Ongoing pruning of unprofitable, non-strategic agencies: businesses sold during the nine months ended 2024-09-30 plus additional agencies classified as held for sale that the filer expects to sell within the next twelve months. Nine-month net losses of $6.4M (three-month: $1.7M) are a net figure within the same income-statement line that includes the separately captured R/GA and Huge classification loss. Headcount not disclosed.
2024-09-30divestiture_reductionannounced2024-09-302025-09-30GlobalMD&E (digital specialist agencies)USD 15 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
R/GA and Huge classified as held for sale during Q3 2024; a $15.4 valuation allowance was recorded on one disposal group. No employee counts disclosed; disposals expected within twelve months of designation.
2024-09-30restructuringin_progressGlobalCorporate and operating segments (real estate)USD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Nine-month 2024 restructuring charges of $1.4 (Q3: $0.5) are adjustments to actions taken in 2020 and 2022, primarily real-estate related. No employee counts or severance headcount disclosed.
2024-09-30restructuringin_progressUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Restructuring charges of $0.5 million for the three months ended Sept 30, 2024, related to adjustments of actions taken in 2022 and 2020, primarily real estate footprint reduction.
2024-09-30restructuringin_progressUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Restructuring charges of $1.4 million for the nine months ended Sept 30, 2024, related to adjustments of actions taken in 2022 and 2020, primarily real estate footprint reduction.
2024-09-30restructuringin_progressUSD 500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-30restructuringin_progressMD&E [Member]USD 500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-30restructuringin_progressIA&C [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-30restructuringin_progressSC&E [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-30restructuringin_progressCorporate Segment and Other Operating Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressPrimarily real estate actions across MD&E, IA&C, SC&EUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Net restructuring charges of $0.9 for the six months ended June 30, 2024 relate to adjustments of 2022 and 2020 restructuring actions, primarily real estate footprint reductions; no employee counts disclosed
2024-06-30restructuringin_progressUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Six-month 2024 charge of $0.9M relates to adjustments of prior 2022 and 2020 restructuring actions, primarily real-estate footprint reductions. No employee counts disclosed.
2024-06-30restructuringin_progressUSD 0 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q2 2024 restructuring charge of $0.3M, all at MD&E segment; includes $0.2M non-cash lease impairment. No employee counts disclosed.
2024-06-30restructuringin_progressUSD 300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressMD&E [Member]USD 300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressIA&C [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressSC&E [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressCorporate Segment and Other Operating Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressIntegrated Advertising & Creativity Led Solutions (IA&C)USD 0 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-HTML
Q1 2024 charge consists entirely of non-cash lease impairment; it is an adjustment to restructuring actions originally taken in 2020 and 2022, primarily real estate footprint reduction. No employee counts or completion dates disclosed this quarter.
2024-03-31restructuringin_progressSpecialized Communications & Experiential Solutions (SC&E)USD 0 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-HTML
Q1 2024 charge consists entirely of non-cash lease impairment; it is an adjustment to restructuring actions originally taken in 2020 and 2022, primarily real estate footprint reduction. No employee counts or completion dates disclosed this quarter.
2024-03-31restructuringin_progressNot specifiedIA&C and SC&E (lease impairment costs of $0.3 each); primarily real estate actionsUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2024 charges are adjustments to prior 2022 and 2020 restructuring actions, mainly real estate footprint reduction; no employee count or severance detail disclosed
2024-03-31restructuringin_progressUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges consist of adjustments to restructuring actions taken in 2022 and 2020, primarily relating to real estate actions designed to reduce footprint.
2024-03-31restructuringin_progressUSD 600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressMD&E [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressIA&C [Member]USD 300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressSC&E [Member]USD 300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressCorporate Segment and Other Operating Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringcompleted2023-12-31GlobalMD&E; IA&C; SC&E; Corporate and otherUSD 0 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2023 charges of $0.1 represent adjustments to the 2022 Real Estate Actions and the 2020 Plan; no new program and no employee counts disclosed. The 2022 Real Estate Actions (real estate exits reducing occupied footprint ~6.7% or 500,000 sq ft) were identified and completed in Q4 2022.
2023-12-31acquisition_additioncompleted2023-12-31GlobalIA&C and SC&E (one acquisition in each segment)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Two acquisitions completed during 2023 with $2.6 cash paid net of cash acquired; acquired headcount not disclosed
2023-12-31divestiture_reductionin_progress2024-12-31GlobalMD&E, IA&C and SC&Eother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Businesses held for sale at year-end 2023 represent unprofitable, non-strategic agencies expected to be sold within twelve months; associated headcount not disclosed
2023-12-31restructuringcompleted2022-10-012022-12-31GlobalReal Estate / CorporateUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2022 Real Estate Actions adjustments recorded in 2023. Original actions completed in Q4 2022. 2023 charge of $0.1M represents adjustments to prior year actions.
2023-12-31restructuringcompleted2020-04-012020-12-31GlobalCorporate / Operating UnitsUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2020 Plan adjustments recorded in 2023. Original actions completed in Q4 2020. 2023 charge of $0.2M represents adjustments to prior year actions.
2023-12-31restructuringin_progressUSD 100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-31restructuringin_progressMD&E [Member]USD -1,300,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-31restructuringin_progressIA&C [Member]USD 200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-31restructuringin_progressSC&E [Member]USD 1,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-31restructuringin_progressCorporate and Other [Member]USD 100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progress2020-04Not disclosedNot disclosedUSD 0 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-HTML
Plan began in Q2 2020 to structurally and permanently lower operating expenses relative to revenue. Nine months ended Sept 30, 2023: severance and termination expense $0.4M and lease impairment credit $(0.5)M, for a net charge of $(0.1)M; cash severance payments of $2.0M made; severance liability of $0.7M remained at Sept 30, 2023. No employee counts disclosed.
2023-09-30restructuringcompleted2022-10Not disclosedNot disclosedUSD -1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-HTML
Real estate exits and lease terminations taken in Q4 2022 to optimize office footprint for a hybrid office-home service model; primarily real estate actions rather than explicit headcount reductions. Nine months ended Sept 30, 2023: net credit of $(0.6)M comprising $(1.4)M lease impairment reversal and $0.8M of other restructuring costs; remaining liability was $0.0 at Sept 30, 2023. No employee counts disclosed.
2023-09-30restructuringin_progress2020-04-01Company-wideUSD 0 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Adjustments to the 2020 Plan; severance and termination costs of $0.4 for the nine months ended 2023-09-30, with a remaining liability of $0.7 at period end. No employee counts disclosed. Announcement date is approximate (plan began Q2 2020).
2023-09-30restructuringin_progress2022-10-01Company-wide (real estate)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Real estate exits and lease terminations to optimize footprint for the office-home hybrid model; primarily non-cash lease impairment adjustments, liability fully settled at period end. No employee counts disclosed. Announcement date approximate (actions taken in Q4 2022).
2023-09-30divestiture_reductionin_progress2024-09-30MD&E, IA&C and SC&E segmentsUSD 19 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Net losses on sales of businesses of $18.9 for the nine months ended 2023-09-30 relate to sales and held-for-sale classifications of unprofitable, non-strategic agencies expected to be sold within twelve months. No headcount impact disclosed.
2023-09-30restructuringin_progress2022-10-01GlobalReal EstateUSD -1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Adjustments to 2022 real estate actions (lease impairments and other costs). No employee count disclosed for this specific adjustment period.
2023-09-30restructuringin_progress2020-04-01GlobalCorporateUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Adjustments to 2020 Plan (severance and lease impairments). No employee count disclosed for this specific adjustment period.
2023-09-30restructuringin_progressUSD -600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-30restructuringin_progressNon-cash Items [Member]USD -500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-30restructuringin_progressCash Payments [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-30restructuringin_progressMD&E [Member]USD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-30restructuringin_progressIA&C [Member]USD -500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-30restructuringin_progressSC&E [Member]USD -200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-30restructuringin_progressCorporate and Other [Member]USD 200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringcompletedUSD 0 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-HTML
H1 2023 adjustments to real estate exits and lease terminations originally taken in Q4 2022 to reduce the office footprint. Net restructuring expense was $0.0 (a $0.7 lease-impairment reversal offset by $0.7 of other costs); $0.6 of cash payments made; liability $0.0 at 2023-06-30. No employee counts or completion dates disclosed.
2023-06-30restructuringin_progressUSD 0 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-HTML
Program begun in Q2 2020 to structurally lower operating expenses relative to revenue. H1 2023 severance expense of $0.4 was partially offset by a $0.5 lease-impairment reversal (net credit of $0.1); cash payments of $1.6; remaining severance liability of $1.1 at 2023-06-30. No employee counts or completion dates disclosed.
2023-06-30restructuringin_progressUSD 0 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Six months ended 2023-06-30 severance and termination costs under the 2020 Plan; amounts are adjustments to prior restructuring actions. No employee counts disclosed. Related 2022 real estate actions in the same footnote are primarily non-cash lease impairments.
2023-06-30restructuringin_progress2022-10-01GlobalReal Estate / CorporateUSD -2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Adjustments to 2022 real estate actions (lease impairments and other costs). No employee count disclosed for this adjustment period.
2023-06-30restructuringin_progress2020-04-01GlobalCorporate / OperationsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Adjustments to 2020 Plan (severance and lease impairments). No employee count disclosed for this adjustment period.
2023-06-30restructuringin_progressUSD -1,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressNon-cash Items [Member]USD -500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressCash Payments [Member]USD 1,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressMD&E [Member]USD -1,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressIA&C [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressSC&E [Member]USD -400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressCorporate and Other [Member]USD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progress2022SC&EUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-HTML
Q4 2022 real estate exits and lease terminations to optimize the office footprint for a hybrid service model; Q1 2023 charge comprises $1.2 non-cash lease impairment (attributed to SC&E in segment footnote) and $0.1 other costs; no employee counts disclosed; remaining liability $0.0 at March 31, 2023.
2023-03-31restructuringin_progress2020IA&CUSD 0 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-HTML
Plan initiated in Q2 2020 to structurally and permanently lower operating expenses relative to revenue; Q1 2023 reflects a $0.3 severance adjustment (IA&C per segment table) with $1.3 of cash payments, leaving a $1.3 liability at March 31, 2023; no employee counts disclosed.
2023-03-31restructuringin_progressUSD 0 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2023 charges under the 2020 Restructuring Plan comprise severance and termination costs of $0.3M; no employee counts disclosed. Liability at March 31, 2023 was $1.3M after $1.3M of cash payments. Separate 2022 real-estate actions in the same footnote are lease-impairment based with no workforce component.
2023-03-31divestiture_reductionin_progress2024-03-31MD&E, IA&C and SC&EUSD 4 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Net losses on sales of businesses of $4.2M in Q1 2023 relate to agencies sold or classified as held for sale, described as unprofitable, non-strategic agencies expected to be sold within twelve months; headcount removed not disclosed
2023-03-31acquisition_additioncompletedother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
One acquisition completed in Q1 2023 with $0.3M cash paid (goodwill additions of $1.5M across MD&E and SC&E); no headcount added disclosed
2023-03-31restructuringin_progressGlobalReal Estate / CorporateUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges relate to adjustments to restructuring actions taken in 2022 and 2020, primarily real estate actions to reduce footprint. No employee count disclosed.
2023-03-31restructuringin_progressUSD 1,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressNon-cash Items [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressCash Payments [Member]USD 1,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressMD&E [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressIA&C [Member]USD 300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressSC&E [Member]USD 1,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressCorporate and Other [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringcompleted2022-10-012022-12-31GlobalReal Estate / CorporateUSD 99 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Q4 2022 real estate exits and lease terminations to optimize footprint for hybrid work model; reduced occupied global real estate by ~6.7% or 500,000 sq ft; no severance component; all actions completed in Q4 2022
2022-12-31restructuringcompleted2022-01-012022-12-31GlobalMultiple segmentsUSD 4 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Adjustments to the 2020 Restructuring Plan recorded in FY2022; original 2020 Plan affected 1,520 employees (~3% of workforce) but that headcount reduction occurred in 2020, not 2022; remaining liability at Dec 31, 2022 was $2.3M
2022-12-31acquisition_additioncompleted2022-09-232022-10-03GlobalMD&E (Media, Data & Engagement Solutions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired ~83.9% of RafterOne, a Salesforce multi-cloud commerce solutions provider; closed Oct 3, 2022; headcount added not disclosed
2022-12-31restructuringcompleted2022-10-012022-12-31GlobalReal EstateUSD 99 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2022 Real Estate Actions: new real estate exits and lease terminations to optimize footprint. Reduced occupied global real estate footprint by approx 6.7% or 500,000 sq ft. No severance costs included.
2022-12-31restructuringcompleted2020-04-012022-12-31GlobalGeneralUSD 4 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Adjustments to 2020 Restructuring Plan actions. Includes non-cash lease impairment costs.
2022-12-31restructuringin_progressUSD 102,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-09-30restructuringin_progress2020-04-01SC&E (Q3 2022 charge); IA&C, SC&E, Corporate and Other (YTD)USD -6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2020 Restructuring Plan actions completed by Q4 2020; Q3 2022 amount is a net credit of $(5.8)M including $(7.3)M non-cash lease impairment at SC&E. YTD net charge $0.7M. Remaining restructuring liability $2.9M at 2022-09-30, primarily severance and termination costs.
2022-09-30acquisition_additionannounced2022-09-232022-10-03USD 241 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of approximately 83.9% of RafterOne shares closed October 3, 2022 for $241.2M cash; no headcount figures disclosed
2022-09-30acquisition_additionannounced2022-09-232022-10-03USD 241 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive purchase agreement signed 2022-09-23 for approximately 83.9% of RafterOne shares; closed 2022-10-03 for cash payment of $241.2 million. No headcount added through the acquisition is disclosed.
2022-09-30restructuringin_progress2020-04-01GlobalCorporate and Other, MD&E, IA&C, SC&EUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Adjustments to the 2020 Restructuring Plan. Includes severance, lease impairments, and other costs. No specific employee count disclosed for the current period adjustments.
2022-09-30restructuringin_progressUSD -5,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-30restructuringin_progressSC&E [Member]USD -5,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-30restructuringin_progressIA&C [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-30restructuringin_progressCorporate and Other [Member]USD 100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-30restructuringin_progressNon-cash Items [Member]USD 500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-30restructuringin_progressCash Payments [Member]USD 6,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progress2020-04-01IA&C ($6.0M) and SC&E ($0.4M)USD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2020 Restructuring Plan adjustments; all actions initiated and completed in 2020, with $6.5M of first-half 2022 charges consisting of adjustments including $5.3M non-cash lease impairment costs; remaining restructuring liability of $3.5 at June 30, 2022, primarily severance and termination costs
2022-06-30restructuringin_progress2020-12-31IA&C ($6.0 of H1 2022 charge); SC&E ($0.4 of H1 2022 charge)USD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in Q2 2020; all actions completed by end of Q4 2020. H1 2022 amounts are adjustments to the 2020 actions (severance $0.3, lease impairment $5.3, other $0.9). No employee counts disclosed; remaining severance liability $3.5 at 2022-06-30. Announcement date not stated in filing.
2022-06-30divestiture_reductionin_progress2023-06-30MD&E, IA&C and SC&E segmentsUSD 7 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
H1 2022 net losses on sales of businesses; agencies sold or classified as held for sale are described as unprofitable, non-strategic units expected to be sold within twelve months. No headcount associated with the divestitures is disclosed.
2022-06-30restructuringcompleted2020-04-012020-12-31GlobalCorporate and Other, IA&C, SC&E, MD&EUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Adjustments to the 2020 Restructuring Plan. All actions were identified and initiated in 2020 and completed by Q4 2020. Q2 2022 charges include severance, lease impairments, and other costs.
2022-06-30restructuringin_progressUSD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressIA&C [Member]USD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressSC&E [Member]USD 400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressNon-cash Items [Member]USD 6,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressCash Payments [Member]USD 6,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progress2020-04-01IA&C and SC&EUSD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2022 charges are adjustments to 2020 restructuring actions; comprised of $6.1 at IA&C and $0.4 at SC&E, including non-cash lease impairment costs of $5.1 and $0.2 respectively. Remaining liability of $4.9 at March 31, 2022; all original actions completed by Q4 2020.
2022-03-31restructuringcompleted2020-04-012020-12-31GlobalIA&C and SC&EUSD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2022 charge of $6.6 ($6.1 IA&C, $0.4 SC&E) comprises adjustments to the 2020 Restructuring Plan; all actions were initiated and completed by Q4 2020. Includes $5.3 of non-cash lease impairment costs. No employee counts disclosed; remaining severance liability was $4.9 at 2022-03-31.
2022-03-31restructuringin_progress2020-04-01GlobalCorporate and Other, IA&C, SC&EUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Adjustments to the 2020 Restructuring Plan. Includes $0.3M severance and $5.3M lease impairment. No employee count disclosed for Q1 2022 adjustments.
2022-03-31restructuringin_progressUSD 6,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progressIA&C [Member]USD 6,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progressSC&E [Member]USD 400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progressNon-cash Items [Member]USD 6,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progressCash Payments [Member]USD 4,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-12-31restructuringcompleted2020-12-31GlobalIAN, DXTRA and Corporate (all segments)USD 11 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2021 charges are adjustments to actions taken under the 2020 Plan; all actions were identified and completed by end of Q4 2020. No employees affected disclosed for FY2021 activity; remaining severance liability was $9.4 at year-end. Segment split of FY2021 charges: $3.0 IAN, $9.7 DXTRA, $(2.1) Corporate and other.
2021-12-31divestiture_reductionin_progressGlobalIAN and DXTRAUSD 19 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During 2021 the Company recorded $19.4 of net losses on sales of businesses and classification of assets as held for sale; held-for-sale businesses are described as unprofitable, non-strategic agencies expected to be sold within twelve months. No headcount associated with these dispositions is disclosed.
2021-12-31restructuringcompleted1,5203%2020-04-012020-12-31GlobalAll segmentsUSD 414 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2020 Plan: Downsized selected levels of management and staff with severance costs for 1,520 employees or approximately 3%. Actions completed by end of Q4 2020. 2021 charges of $10.6M were adjustments to this plan.
2021-12-31restructuringin_progressUSD 10,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-31restructuringin_progressNon-cash Items [Member]USD 9,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-31restructuringin_progressCash Payments [Member]USD 66,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-31restructuringin_progressIAN Segment [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-31restructuringin_progressDXTRA Segment [Member]USD 9,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-09-30restructuringcompleted2020-04-012020-12-31IAN, DXTRA, Corporate and OtherUSD -2 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
All restructuring actions were identified and initiated in 2020 and completed by end of Q4 2020; the nine-month 2021 net charge of $(2.4) million represents adjustments to those actions, including severance and termination costs and lease impairment costs. Remaining restructuring liability of $12.8 million at September 30, 2021, with $61.6 million of cash payments made during the first nine months of 2021. No employee counts disclosed.
2021-09-30restructuringcompleted2020-04-012020-12-31GlobalIAN; DXTRA; Corporate and OtherUSD -2 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
All actions were identified and initiated in 2020 and completed by Q4 2020; 2021 amounts are adjustments to those actions (nine-month 2021 net charge of $(2.4), including lease impairment credits of $(4.2)). No employee headcount affected is disclosed. Remaining severance liability was $12.8 at 2021-09-30 after $61.6 of YTD cash payments.
2021-09-30restructuringcompleted2020-04-012020-12-31GlobalCorporate and Other, IAN, DXTRAUSD -2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2020 Restructuring Plan actions completed by Q4 2020. Q3 2021 reflects adjustments of $(2.4)M to prior actions, primarily non-cash lease impairments and severance adjustments. No new headcount reductions disclosed.
2021-09-30restructuringin_progressUSD -3,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-30restructuringin_progressIAN [Member]USD -600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-30restructuringin_progressDXTRA [Member]USD -600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-30restructuringin_progressCorporate and Other [Member]USD -2,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-30restructuringin_progressNon-cash Items [Member]USD -2,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-30restructuringin_progressCash Payments [Member]USD 61,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringcompleted2020-04-012020-12-31IAN, DXTRA, Corporate and OtherUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
All restructuring actions were identified and initiated in 2020 and completed by end of Q4 2020; the $1.1 six-month 2021 charge consists of adjustments to those prior actions. Remaining restructuring liability of $23.8 at June 30, 2021, primarily severance. No employee counts disclosed for the 2021 adjustments.
2021-06-30restructuringcompleted2020-12-31GlobalIAN; DXTRA; Corporate and OtherUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2020 Restructuring Plan: all actions initiated and completed by end of Q4 2020; H1 2021 charges of $1.1 are adjustments (severance $2.1, lease impairment $(1.1)). No employee counts disclosed; remaining severance liability $23.8 at 2021-06-30
2021-06-30restructuringcompleted2020-04-012020-12-31GlobalCorporate and Other, IAN, DXTRAUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Adjustments to 2020 Restructuring Plan actions. All actions completed by Q4 2020. Q2 2021 charges include severance and lease impairments.
2021-06-30restructuringin_progressUSD -200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressIAN [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressDXTRA [Member]USD -300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressCorporate and Other [Member]USD 100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressNon-cash Items [Member]USD -900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressCash Payments [Member]USD 52,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringcompleted2020-04-012020-12-31IAN and DXTRAUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
All restructuring actions were identified and initiated in 2020 and completed by end of Q4 2020; Q1 2021 charge of $1.3 million consists of adjustments to 2020 actions, including $1.5 million severance and termination costs and $(0.4) million lease impairment costs. Remaining restructuring liability of $32.8 million at March 31, 2021; $43.3 million cash payments made in Q1 2021. No employee counts affected were disclosed.
2021-03-31restructuringcompleted2020-04-012020-12-31GlobalIAN; DXTRA; Corporate and OtherUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
All actions initiated and completed by end of Q4 2020; Q1 2021 charge of $1.3M ($0.5M IAN, $0.8M DXTRA) is an adjustment to 2020 actions. Severance liability $32.8M at 2021-03-31 after $43.3M cash payments. No employee count disclosed.
2021-03-31restructuringin_progress2020-04-012020-12-31GlobalCorporate and Operating DivisionsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Adjustments to 2020 Restructuring Plan actions. Includes severance, termination costs, and lease impairments. All actions initiated in 2020 and completed by Q4 2020; Q1 2021 charges are adjustments.
2021-03-31restructuringin_progressUSD 1,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progressIAN [Member]USD 500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progressDXTRA [Member]USD 800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progressNon-cash Items [Member]USD -200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progressCash Payments [Member]USD 43,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-12-31restructuringin_progress1,5203%GlobalConsolidated (charges: IAN $317.9, DXTRA $78.8, Corporate and other $17.1)USD 414 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2020 Plan began in Q2 2020 and continued through Q4 2020; no specific announcement date or completion date disclosed. Severance component of charge was $140.4; $265.6 (64%) of total charge was non-cash, mainly operating lease right-of-use asset impairments. Actions also reduced global real estate footprint by approximately 15% (1,700,000 square feet). Filer expects approximately $160.0 of annualized cost savings. Remaining liability at 2020-12-31 was $74.6. MD&A also cites deferred merit increases, hiring freezes, furloughs and salary reductions (including voluntary senior management reductions) as COVID-19 cost actions, without separate quantification
2020-12-31acquisition_additioncompletedColombia, United Kingdom (x2), United States (New York)Three acquisitions in IAN; one in DXTRAbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Four acquisitions completed during 2020 (Colombian advertising agency, U.K. marketing/communications agency, New York post-production company, U.K. mobile app design agency); approximately $28.0 of goodwill and other intangible assets recorded. Headcount added not disclosed
2020-12-31divestiture_reductionin_progressPrimarily domestic; also Asia Pacific and Continental EuropeIAN and DXTRAUSD 67 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Net pre-tax losses on sales of businesses and classification of certain assets as held for sale during 2020; held-for-sale businesses primarily unprofitable, non-strategic agencies expected to be sold within twelve months. Headcount removed not disclosed
2020-12-31restructuringcompleted1,5203%2020-04-012020-12-31GlobalManagement and StaffUSD 414 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2020 Restructuring Plan initiated in Q2 2020. Included severance for 1,520 employees (approx 3% of workforce) and reduction of global real estate footprint by 15% (1.7M sq ft). Total charges $413.8M, of which $265.6M was non-cash lease impairment.
2020-12-31restructuringin_progress1,520USD 413,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-31restructuringin_progressNon-cash Items [Member]USD 265,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-31restructuringin_progressCash Payments [Member]USD 73,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-31restructuringin_progressIAN Segment [Member]USD 317,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-31restructuringin_progressDXTRA Segment [Member]USD 78,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-09-30restructuringin_progress9712020-12-31GlobalIAN, CMG and CorporateUSD 160 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2020 Plan initiated in Q2 2020 with additional actions in Q3 and expected in Q4; severance and termination costs of $62.5M YTD relate to a planned workforce reduction of 971 employees across executive, regional and account management, administrative, creative and media production personnel; also includes $92.3M of non-cash lease impairment costs from vacating office space (approximately 8% / 900,000 sq ft reduction in global real estate footprint); expected annualized cost savings of $110.0-$130.0; charges by segment YTD: IAN $93.7M, CMG $53.9M, Corporate and other $12.3M
2020-09-30otherin_progressGlobalCompany-wideMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
COVID-19 cost actions include deferred merit increases, hiring and temporary labor freezes, cuts to non-essential spending, staff reductions, furloughs where available, and salary reductions including voluntary reductions for senior corporate management; no employee counts quantified
2020-09-30restructuringin_progress9712020-12-31GlobalIAN, CMG and Corporate (consolidated)USD 160 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2020 Plan: planned workforce reduction of 971 employees over the nine months ended 2020-09-30; severance and termination costs of $62.5M within the $159.9M total charge; actions initiated in Q2 2020 with further actions in Q3; also reduces global real estate footprint by about 8% (900,000 sq ft) via lease impairments of $92.3M. Announcement date not specified in filing.
2020-09-30restructuringannounced2020-12-31GlobalReal estate / occupancyMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Filer anticipates additional Q4 2020 actions under the 2020 Plan, described as mostly non-cash, real-estate related charges; no employee count or charge amount disclosed. Amount and type dependent on market conditions.
2020-09-30restructuringin_progress9712020-04-012020-12-31GlobalIntegrated Agency Networks (IAN) and Constituency Management Group (CMG)USD 63 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of the '2020 Plan' initiated in Q2 2020. Severance costs relate to a planned reduction in workforce of 971 employees, including executive, regional, account management, administrative, creative, and media production personnel. Total restructuring charges for the nine months ended Sept 30, 2020 were $159.9 million, including $92.3 million in non-cash lease impairments.
2020-09-30restructuringin_progress971USD 47,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-30restructuringin_progressIAN [Member]USD 24,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-30restructuringin_progressCMG [Member]USD 17,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-30restructuringin_progressNon-cash Items [Member]USD 95,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-30restructuringin_progressCash Payments [Member]USD 36,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progress6942020-04-012020-12-31GlobalIAN, CMG and CorporateUSD 113 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2020 Plan initiated in Q2 2020 to structurally lower operating expenses relative to revenue; severance and termination costs of $44.6 million relate to a planned workforce reduction of 694 employees across executive, regional and account management, administrative, creative and media production personnel; also includes $65.7 million of non-cash lease impairment costs from vacated office space (approximately 5% or 500,000 square feet of global real estate footprint); additional actions expected in Q3 and Q4 2020 with estimated additional charges of $90-$110 million; expected annualized cost savings of $80-$90 million from Q2 actions.
2020-06-30restructuringin_progress2020-04-012020-12-31GlobalIAN (Integrated Agency Networks)USD 69 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
IAN component of the 2020 Plan, including non-cash lease impairment costs of $35.8 million.
2020-06-30restructuringin_progress2020-04-012020-12-31GlobalCMG (Constituency Management Group)USD 37 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
CMG component of the 2020 Plan, including non-cash lease impairment costs of $26.8 million.
2020-06-30restructuringin_progress2020-04-012020-12-31GlobalCorporate and otherUSD 7 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Corporate and other component of the 2020 Plan restructuring charges for the second quarter and first half of 2020.
2020-06-30restructuringin_progress6942020-12-31GlobalIAN, CMG and Corporate (consolidated)USD 113 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Actions identified and initiated during Q2 2020; severance for 694 employees across executive, regional/account management, administrative, creative and media production roles. Charge comprises $44.6 severance, $65.7 lease impairment (non-cash), $2.3 other; $67.6 of total is non-cash. Reduces global real estate footprint ~5% (~500,000 sq ft); expected annualized savings of $80-90. Charge split $68.8 IAN / $36.7 CMG / $7.1 Corporate; employee counts not split by segment. Remaining liability $33.8 at 2020-06-30.
2020-06-30restructuringannounced2020-12-31GlobalOccupancy and salaries-related (consolidated)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Forward-looking additional actions anticipated in H2 2020, primarily further occupancy and salary reductions, with estimated additional charges of approximately $90 to $110 million, primarily non-cash; employee counts not disclosed.
2020-06-30restructuringin_progress6942020-06-302020-12-31GlobalIntegrated Agency Networks (IAN) and Constituency Management Group (CMG)USD 113 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2020 Plan initiated in Q2 2020 to lower operating expenses structurally. Includes severance for 694 employees (executive, regional, account management, administrative, creative, media production). Total charge $112.6M includes $44.6M severance and $65.7M lease impairments. Actions expected to be substantially complete by end of Q4 2020.
2020-06-30restructuringin_progressUSD 112,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progressIAN [Member]USD 68,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progressCMG [Member]USD 36,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progressNon-cash Items [Member]USD 67,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progressCash Payments [Member]USD 11,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-31restructuringin_progressGlobalCorporate and operating agenciesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A describes multiple cost initiatives underway to align expenses with revenue changes: deferred merit increases, hiring and temporary-labor freezes, non-essential spending cuts, staff reductions, furloughs where available, and salary reductions including voluntary senior management cuts. No employee counts, dates, or charges quantified; restructuring charges were $0.0 for Q1 2020.
2020-03-31restructuringin_progress2020-03-31GlobalCorporate and AgenciesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Company implemented cost alignment measures including 'staff reductions, furloughs in markets where that option is available and salary reductions'. No specific headcount or severance charge quantified for Q1 2020.
2020-03-31restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-12-31restructuringcompleted50720192019-06-30United StatesDomestic operationsUSD 26 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2019 Plan cost initiative implemented in Q1 2019 to align cost structure with revenue after 2018 client losses; charge includes severance and lease restructuring. Actions substantially completed by end of Q2 2019.
2019-12-31restructuringcompleted12020192019-06-30InternationalInternational operationsUSD 8 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
International component of the same 2019 Plan; consolidated program totals 627 employees and $33.9M ($27.6M IAN, $5.6M CMG, $0.7M Corporate).
2019-12-31acquisition_additioncompletedUnited KingdomIANbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
One acquisition completed in 2019, a U.K. content communications agency; headcount added not disclosed. Prior-year Acxiom acquisition (2018) not included.
2019-12-31restructuringcompleted6272019-03-312019-06-30GlobalIntegrated Agency Networks and Constituency Management GroupUSD 34 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2019 Plan implemented in Q1 2019 to align cost structure with revenue. Substantially completed by end of Q2 2019. Includes severance and lease restructuring costs.
2019-12-31restructuringin_progress627USD 33,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-31restructuringin_progressIAN [Member]USD 27,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-31restructuringin_progressCMG [Member]USD 5,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-09-30restructuringcompleted5072019-01-012019-06-30Domestic (United States)Primarily IANUSD 26 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2019 Plan cost initiative to align cost structure with revenue after 2018 client losses; includes severance and lease impairment costs; actions substantially completed by end of Q2 2019.
2019-09-30restructuringcompleted1202019-01-012019-06-30InternationalPrimarily IANUSD 8 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
International component of the 2019 Plan; actions substantially completed by end of Q2 2019.
2019-09-30restructuringcompleted5072019-06-30United StatesConsolidated (Domestic)USD 26 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2019 Plan cost initiative announced in Q1 2019 (specific date not disclosed); charge includes severance and lease impairment. Actions substantially completed by end of Q2 2019; no further restructuring adjustments expected.
2019-09-30restructuringcompleted1202019-06-30InternationalConsolidated (International)USD 8 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sub-component of the 2019 Plan (627 total headcount reduction; $33.9 total charge, comprising $22.0 severance and $11.9 lease restructuring). $18.4 cash paid YTD; $3.6 remaining liability expected paid by end of Q4 2019.
2019-09-30restructuringcompleted5072019-03-312019-06-30DomesticUSD 26 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of the '2019 Plan' implemented in Q1 2019 to align cost structure with revenue. Actions substantially completed by end of Q2 2019.
2019-09-30restructuringcompleted1202019-03-312019-06-30InternationalUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of the '2019 Plan' implemented in Q1 2019 to align cost structure with revenue. Actions substantially completed by end of Q2 2019.
2019-09-30restructuringin_progress627USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-30restructuringin_progressIAN [Member]USD 27,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-30restructuringin_progressCMG [Member]USD 5,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringcompleted5072019-01-012019-06-30Domestic (United States)Primarily IANUSD 27 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cost initiative to align cost structure with revenue, primarily related to specific client losses occurring in 2018; all actions substantially completed by end of Q2 2019.
2019-06-30restructuringcompleted1202019-01-012019-06-30InternationalPrimarily IANUSD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cost initiative to align cost structure with revenue, primarily related to specific client losses occurring in 2018; all actions substantially completed by end of Q2 2019.
2019-06-30restructuringcompleted5072019-06-30United StatesConsolidated (2019 Plan); segment charges: IAN $27.6, CMG $5.6, Corporate and other $0.7USD 27 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2019 Plan cost initiative announced in Q1 2019 (specific date not disclosed); total program charge $33.9 (severance $22.0, lease impairment $11.9). Actions substantially completed by 2019-06-30; remaining $7.5 severance liability expected paid by end of Q3 2019.
2019-06-30restructuringcompleted1202019-06-30InternationalConsolidated (2019 Plan); segment charges: IAN $27.6, CMG $5.6, Corporate and other $0.7USD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2019 Plan cost initiative announced in Q1 2019 (specific date not disclosed); consolidated program totals 627 employees and $33.9 charge. Actions substantially completed by 2019-06-30.
2019-06-30restructuringcompleted5072019-03-312019-06-30DomesticUSD 27 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of the '2019 Plan' implemented in Q1 2019 to align cost structure with revenue. Actions substantially completed by end of Q2 2019.
2019-06-30restructuringcompleted1202019-03-312019-06-30InternationalUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of the '2019 Plan' implemented in Q1 2019 to align cost structure with revenue. Actions substantially completed by end of Q2 2019.
2019-06-30restructuringin_progress627USD 2,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progressIAN [Member]USD 27,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progressCMG [Member]USD 5,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progress4582019-03-312019-06-30Domestic (United States)IAN and CMGUSD 26 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Domestic component of the 2019 Plan cost initiative; includes severance and lease impairment costs
2019-03-31restructuringin_progress1172019-03-312019-06-30InternationalIAN and CMGUSD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
International component of the 2019 Plan cost initiative
2019-03-31restructuringin_progress4582019-06-30United StatesDomestic operations (across IAN, CMG and Corporate and other)USD 26 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2019 Plan cost initiative implemented in Q1 2019 to align cost structure with revenue after 2018 client losses; specific announcement date not disclosed. Total program charge of $31.8 (severance $19.9, lease impairment $11.9); actions identified and initiated by end of Q1 2019, substantially complete by end of Q2 2019. Segment charge split: IAN $25.6, CMG $5.6, Corporate and other $0.6.
2019-03-31restructuringin_progress1172019-06-30InternationalInternational operations (across IAN and CMG)USD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sub-component of the same 2019 Plan program as the domestic record (shared program timing). Cash severance payments of $8.8 made in Q1 2019; remaining severance liability of $11.1 expected to be paid by end of Q2 2019. Lease obligations from vacated offices will be paid over several years, net of sublease income.
2019-03-31restructuringin_progress4582019-03-312019-06-30DomesticUSD 26 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of the '2019 Plan' to align cost structure with revenue. Includes severance and lease impairment.
2019-03-31restructuringin_progress1172019-03-312019-06-30InternationalUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of the '2019 Plan' to align cost structure with revenue. Includes severance and lease impairment.
2019-03-31restructuringin_progressUSD 31,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressReportable Segments Two [Member]USD 5,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressOperating Segments [Member]USD 25,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31acquisition_additioncompleted2018-07-022018-10-01United StatesCorporate and other (data-driven marketing solutions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acxiom Marketing Solutions acquired for $2,327.9 million; headcount added not disclosed. Acxiom represented 2.2% of total assets and 1.9% of total revenues for FY2018.
2018-12-31acquisition_additioncompleted1402018-12-31Brazil; Israel; United KingdomContent creation, digital and entertainment marketing agenciesItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Tuck-in M&A activity during 2018, excluding Acxiom, added approximately 140 employees across five completed acquisitions.
2018-12-31divestiture_reductionin_progress2019-12-31Primarily international marketsIAN and CMG segmentsUSD 62 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2018 pre-tax net losses on sales of businesses and assets held for sale; held-for-sale businesses are unprofitable, non-strategic agencies expected to be sold within twelve months. Headcount affected not disclosed; charge is a loss on sale, not severance.
2018-12-31acquisition_additioncompleted1402018-01-012018-12-31Brazil, Israel, and the U.K.VariousItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Excludes Acxiom acquisition. M&A activity brought approximately 140 employees into the fold in markets including Brazil, Israel and the U.K.
2018-09-30acquisition_additioncompleted2018-07-022018-10-01United StatesCorporate and other / data and analytics (Acxiom Marketing Solutions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acxiom Marketing Solutions acquired for $2,300.0 million cash, closed 2018-10-01; purchase accounting incomplete and no headcount added disclosed. Transaction-related costs of $11.0 million in SG&A, $3.7 million in interest expense and $10.3 million in other expense recorded in Q3 2018.
2018-06-30acquisition_additionannounced2018-07-022018-12-31United StatesMarketing data and analytics (Acxiom Marketing Solutions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
IPG agreed to acquire the Acxiom Marketing Solutions business for $2,300.0 million cash; no headcount disclosed.
2017-12-31acquisition_additioncompletedUnited States, China, Indonesia, United Kingdom, Netherlands, Finland, CanadaIAN (8 acquisitions); CMG (2 acquisitions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Ten acquisitions completed during 2017; no headcount added through these transactions is disclosed. Approximately $62.0 million of goodwill and intangibles recorded.
2017-12-31divestiture_reductioncompletedNot specifiedIAN (primarily); businesses held for sale at year-endUSD 24 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Net pre-tax losses of $24.1 million on sales of businesses and classification of certain operations as held for sale during 2017; held-for-sale agencies described as unprofitable and non-strategic. No headcount removed is disclosed.
2017-09-30acquisition_additioncompletedUnited Kingdom, United States, Netherlands, Finland, CanadaIntegrated Agency Networks (IAN)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Seven acquisitions completed during the first nine months of 2017, all within the IAN segment; no headcount added disclosed. Approximately $48.1 million of goodwill and intangibles recorded.
2017-09-30divestiture_reductioncompletedInternational and domesticIntegrated Agency Networks (IAN)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sales of businesses during the quarter and year-to-date period; net divestitures reduced revenue by $37.2 million in Q3 and $73.8 million YTD. No headcount removed disclosed.
2016-12-31acquisition_additioncompletedUnited States; United Kingdom; ChinaIAN (3 acquisitions); CMG (7 acquisitions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Ten acquisitions completed during 2016; headcount added through these transactions was not disclosed.
2016-12-31divestiture_reductioncompletedNot disclosedIAN and CMGUSD 40 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Losses on sales of businesses and assets classified as held for sale during 2016; charge is pre-tax loss on sales, not severance. Employees separated through these dispositions were not quantified.
2016-06-30acquisition_additioncompleted2016-06-30United States, United KingdomIntegrated Agency Networks, Constituency Management GroupUSD 76 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Completed four acquisitions in H1 2016: product/service design consultancy (US), integrated healthcare marketing agency (US), content creation/digital agency (US/UK), and mobile consultancy/app development agency (UK). Recorded $75.7M in goodwill and intangible assets. Headcount not disclosed.
2016-06-30restructuringcompleted2016-06-30GlobalCorporate and other, IAN, CMGMD&A
f5-10q / Qwen3.6-27B-Q8_0
MD&A notes 'increased severance expense' in H1 2016 salaries. Staff cost ratio increased to 68.3% from 68.1% in H1 2015. Specific headcount or charge amounts for severance not disclosed.
2016-03-31acquisition_additioncompleted2016-03-31United States, United KingdomIntegrated Agency Networks, Constituency Management GroupUSD 27 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Completed three acquisitions in Q1 2016: integrated healthcare marketing agency (US), content creation/digital agency (NY/London), and mobile consultancy/app development agency (UK). Cash paid for acquisitions was $27.0 million. Headcount not disclosed.
2016-03-31restructuringin_progress2016-03-31GlobalCorporate and otherUSD 3 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Accrued liabilities for restructuring and other reorganization-related items were $2.8 million as of March 31, 2016. MD&A notes increased severance expense contributed to organic salary increases.
2015-12-31restructuringcompleted2013-10-012014-03-31Primarily Continental EuropeIntegrated Agency Networks (IAN)USD 0 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2013 Plan actions substantially completed by Q1 2014; FY2015 activity consisted only of net restructuring reversals of $0.1 at IAN. No employees-affected count is disclosed in any period; remaining cash payments expected through 2021.
2015-12-31acquisition_additioncompletedUnited Kingdom; Russia; CanadaIAN (4 of 5) and CMG (1 of 5)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Five agencies acquired during 2015 (U.K. full-service digital, three Russian creative agencies from ADV, Canadian media planning/buying agency); approximately $61.0 of goodwill and intangibles recorded. Headcount added through these acquisitions is not disclosed.
2015-12-31divestiture_reductioncompletedNot specifiedIAN and CMGUSD 50 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2015 losses on sales of businesses of $49.6 pre-tax ($47.1 net of tax) from completed dispositions and classification of certain assets as held for sale; headcount removed through these dispositions is not disclosed.
2015-12-31restructuringcompleted2013-Q42021-12-31Continental EuropeIntegrated Agency NetworksUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2013 Plan: Cost savings initiative implemented in Q4 2013. In 2015, recorded $0.1 million of net restructuring reversals. Actions substantially completed by Q1 2014, with remaining payments expected through 2021.
2015-12-31restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-12-31restructuringin_progress2013 Restructuring Plan [Domain]USD -100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-12-31restructuringin_progress2013 Restructuring Plan [Domain] / Contract Termination [Member]USD -100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-12-31restructuringin_progressContract Termination [Member]USD -700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-12-31restructuringin_progressEmployee Severance [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-12-31restructuringin_progressOther Restructuring [Member]USD -100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30restructuringin_progress2013-12-312021-12-31Primarily Continental EuropeConsolidatedUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2013 Plan cost savings initiative; actions substantially completed by Q1 2014, remaining severance and lease termination payments expected through 2021. No employee count disclosed.
2015-09-30restructuringin_progress2013-10-012021-12-31Continental EuropeIntegrated Agency Networks (IAN)USD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2013 Plan restructuring liability balance as of Sept 30, 2015. Includes severance ($2.5M) and lease termination ($1.7M). Actions substantially completed by Q1 2014, with remaining payments expected through 2021.
2015-09-30restructuringin_progress2003-01-01GlobalIntegrated Agency Networks (IAN)USD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Prior Restructuring Plans (2003 and 2001). Remaining liability as of Sept 30, 2015. Net reversals of $0.7M recorded in first nine months of 2015 related to changes in estimate of lease termination costs.
2015-09-30restructuringin_progressEmployee Severance [Member] / 2013 Restructuring Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-09-30restructuringin_progressReal Estate [Member] / 2013 Restructuring Plan [Member]USD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-09-30restructuringin_progress2013 Restructuring Plan [Member]USD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-09-30restructuringin_progressPrior Year Restructuring Plans [Domain]USD -700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progress2013-10-012021-12-31Primarily Continental EuropeIANUSD 0 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cost savings initiative announced Q4 2013; actions substantially completed by end of Q1 2014. During H1 2015 recorded $0.1 net reversals (lease termination cost estimate changes); remaining liability $4.7 at June 30, 2015, with cash payments expected through 2021. No employee counts disclosed.
2015-06-30restructuringin_progress2013-10-012021-12-31Continental EuropeIANUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2013 Plan net reversals of $0.1M recorded in Q2 2015 related to changes in estimate of lease termination costs. Remaining liability $4.7M.
2015-06-30restructuringin_progressEmployee Severance [Member] / 2013 Restructuring Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progressReal Estate [Member] / 2013 Restructuring Plan [Member]USD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progress2013 Restructuring Plan [Member]USD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progressPrior Year Restructuring Plans [Domain]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progress2013-10-012021-12-31Primarily Continental EuropeIANUSD 0 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cost savings initiative implemented Q4 2013; actions substantially completed by end of Q1 2014. Q1 2015 recorded $0.1 net reversals for lease termination costs; remaining liability $5.5 at 2015-03-31, with cash payments through 2021. No employee counts disclosed.
2015-03-31restructuringcompleted2013-12-312014-03-31Continental EuropeIntegrated Agency Networks (IAN)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cost savings initiative to align cost structure with revenue; no employee count disclosed. Actions substantially completed by end of Q1 2014; Q1 2015 activity limited to $0.1 net reversals (lease termination estimate change), $1.1 cash payments, $5.5 remaining liability with payments through 2021.
2015-03-31restructuringin_progress2013-10-012021-12-31Continental EuropeIANUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2013 Plan: Recorded $0.1M net reversals related to changes in estimate of lease termination costs. All restructuring actions substantially completed by Q1 2014, with remaining payments expected through 2021.
2015-03-31restructuringin_progressEmployee Severance [Member] / 2013 Restructuring Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progressReal Estate [Member] / 2013 Restructuring Plan [Member]USD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progress2013 Restructuring Plan [Member]USD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-12-31restructuringcompleted20132014-03-31Primarily Continental EuropePrimarily IAN; also CMGUSD 0 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2013 Plan cost-savings initiative announced in Q4 2013 (original pre-tax charges of $61.2 in 2013). FY2014 activity shown here: net charge of approximately $0.1 related to the 2013 Plan ($0.3 net charges at IAN, $0.2 net reversals at CMG). Actions substantially completed by end of Q1 2014; remaining cash payments expected through 2021. Employees affected not disclosed. Total FY2014 restructuring charge across all plans was $0.2.
2014-12-31acquisition_additioncompletedGlobal (6 in IAN, 2 in CMG)IAN and CMGbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Eight acquisitions completed during 2014 (six IAN, two CMG), including a global full-service digital agency, a US digital agency and a Netherlands search marketing agency; approximately $185.0 of goodwill and intangibles recorded. Headcount added not disclosed.
2014-12-31divestiture_reductioncompletedContinental Europe and United StatesIANMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During 2014 IPG sold one business in the Continental Europe region and one business in the domestic market (both IAN), partially offset by gains on Rabbi Trust investment sales. Headcount removed not disclosed.
2014-12-31restructuringcompleted2013-Q42021-12-31Continental EuropeIntegrated Agency Networks (IAN) and Constituency Management Group (CMG)USD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2013 Plan implemented in Q4 2013. Actions substantially completed by end of Q1 2014. Remaining payments expected through 2021. Net charge of $0.1M recorded in 2014.
2014-12-31restructuringin_progressUSD 100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-12-31restructuringin_progress2013 Restructuring Plan [Domain]USD 100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-12-31restructuringin_progress2013 Restructuring Plan [Domain] / Contract Termination [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-12-31restructuringin_progressPrior Restructuring Plan [Domain]USD 100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-12-31restructuringin_progressContract Termination [Member]USD 100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-12-31restructuringin_progressEmployee Severance [Member]USD 100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-12-31restructuringin_progressOther Restructuring [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-30restructuringcompleted2013-10-312014-03-31Primarily Continental EuropeCMGUSD 41 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2013 Plan cost savings initiative; all restructuring actions substantially completed by end of Q1 2014, with remaining cash payments expected through 2021. Nine months ended September 30, 2014 included net reversals of $0.2 million and cash payments of $41.2 million against a December 31, 2013 liability of $50.9 million, leaving $9.1 million. Employee counts affected were not disclosed.
2014-09-30restructuringcompleted2013-10-012021-12-31Continental Europeprimarily Continental Europe; net reversals at CMGrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2013 Plan cost savings initiative implemented in Q4 2013; no employee count disclosed. Actions substantially completed by end of Q1 2014; remaining cash payments expected through 2021. Nine months 2014 recorded $0.2 net reversals (not a charge); restructuring liability balance $9.1 at 2014-09-30.
2014-09-30restructuringin_progressnot specifiedPrior Restructuring Plans (2007, 2003, 2001)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Legacy plans; nine months 2014 net charges of $0.3 from estimate changes (sublease rental income assumptions). Remaining liability $1.2 at 2014-09-30. No employee counts disclosed.
2014-09-30restructuringin_progress2013-10-012021-12-31Continental EuropeCorporate and otherUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2013 Plan cost savings initiative. Net reversals of $0.2M recorded in Q3 2014. Actions substantially completed by Q1 2014, with remaining payments through 2021. Employee count not disclosed.
2014-09-30restructuringin_progressGlobalCorporate and otherUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Prior Restructuring Plans (2007, 2003, 2001). Net charges of $0.3M recorded in YTD 2014, primarily adjustments to sublease rental income assumptions. Employee count not disclosed.
2014-09-30restructuringin_progressPrior Year Restructuring Plans [Domain]USD 300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-09-30restructuringin_progress2013 Restructuring Plan [Member]USD -200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-09-30restructuringin_progress2013 Restructuring Plan [Member] / Reportable Segments Two [Member]USD -200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-09-30restructuringin_progressEmployee Severance [Member] / 2013 Restructuring Plan [Member]USD -300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-09-30restructuringin_progressReal Estate [Member] / 2013 Restructuring Plan [Member]USD 100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-09-30restructuringin_progressOther Restructuring [Member] / 2013 Restructuring Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringcompleted2013-10-012014-03-31Primarily Continental EuropeCMGUSD 0 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cost savings initiative announced Q4 2013; net reversals of $0.2 recorded in H1 2014; all restructuring actions substantially completed by end of Q1 2014, with remaining payments through 2017. Remaining liability of $13.2 at June 30, 2014. No employee counts disclosed.
2014-06-30restructuringcompletedContinental EuropeCMGrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2013 Plan cost savings initiative announced in Q4 2013 (exact date not disclosed); actions substantially completed by end of Q1 2014, with remaining cash payments expected through 2017. H1 2014 activity: net reversals of $0.2M; cash payments of $37.5M; remaining liability $13.2M at 2014-06-30 (severance $9.6M, lease termination $3.5M, other $0.1M). No employee count disclosed.
2014-06-30acquisition_additioncompletedGlobal (incl. United States, United Kingdom, Sweden)IAN (2 of 4); CMG (2 of 4)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Four acquisitions completed in H1 2014 (global digital agency, US digital agency, UK healthcare agency, Sweden-based digital PR agency); approximately $90.0M of goodwill and intangibles recorded. No headcount added disclosed.
2014-06-30restructuringin_progress2013-10-012017-12-31Continental EuropeCorporate and otherUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2013 Plan cost savings initiative. Net reversals of $0.2M recorded in Q2 2014. Remaining liability $13.2M. Actions substantially completed by end of Q1 2014.
2014-06-30restructuringin_progressGlobalCorporate and otherUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Prior Restructuring Plans (2007, 2003, 2001). Net charges of $0.4M for six months ended June 30, 2014, primarily adjustments to sublease rental income assumptions. Remaining liability $1.4M.
2014-06-30restructuringin_progressEmployee Severance [Member] / 2013 Restructuring Plan [Member]USD -400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progress2013 Restructuring Plan [Member]USD -200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressReal Estate [Member] / 2013 Restructuring Plan [Member]USD 200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressOther Restructuring [Member] / 2013 Restructuring Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progress2013 Restructuring Plan [Member] / Reportable Segments Two [Member]USD 200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressPrior Year Restructuring Plans [Domain]USD 400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringcompleted2013-10-012014-03-31Primarily Continental EuropeIAN and CMGUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2013 Plan cost savings initiative; all restructuring actions substantially completed by end of Q1 2014, remaining cash payments through 2017. Q1 2014 recorded $0.4 net reversals (severance estimate changes); remaining liability $20.5 at 2014-03-31. No employee counts disclosed.
2014-03-31restructuringcompleted2013-10-012017-12-31Continental EuropeIAN and CMGUSD 0 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2013 Plan cost savings initiative; Q1 2014 recorded $0.4M net reversals. Actions substantially completed by end of Q1 2014; remaining cash payments through 2017. No employee count disclosed.
2014-03-31acquisition_additioncompletedGlobal / United KingdomIANUSD 45 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Two Q1 2014 acquisitions (global full-service digital agency; UK healthcare agency) recorded ~$45.0M of goodwill and intangibles. No headcount added disclosed.
2014-03-31restructuringin_progress2013-10-012017-12-31Continental EuropeCorporate and other; IAN; CMGUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2013 Plan implemented in Q4 2013. Q1 2014 recorded $0.4M net reversals related to changes in estimate of severance costs. Remaining payments expected through 2017. Employee count not disclosed.
2014-03-31acquisition_additioncompleted2014-03-312014-03-31Global; United KingdomIANUSD 45 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Completed two acquisitions in Q1 2014: a global full-service digital agency and a healthcare agency in the UK. Recorded $45.0M in goodwill and intangible assets. Headcount not disclosed.
2014-03-31restructuringin_progressEmployee Severance [Member] / 2013 Restructuring Plan [Member]USD -400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressOther Restructuring [Member] / 2013 Restructuring Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressReal Estate [Member] / 2013 Restructuring Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progress2013 Restructuring Plan [Member]USD -400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressPrior Year Restructuring Plans [Domain]USD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progress2013 Restructuring Plan [Member] / Reportable Segments Two [Member]USD -200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progress2013 Restructuring Plan [Member] / Operating Segments [Member]USD -200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-31restructuringin_progress302013-12-312014-03-31Domestic (United States)All levels and functionsUSD 9 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2013 Plan cost savings initiative implemented in Q4 2013; charge of $9.0 for domestic component. Actions identified and initiated by year-end 2013, substantially complete by end of Q1 2014.
2013-12-31restructuringin_progress5112013-12-312014-03-31International (primarily Continental Europe)All levels and functionsUSD 52 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
International component of the 2013 Plan, primarily Continental Europe, to align cost structure with revenue. Consolidated program totals 541 employees and $61.2 pre-tax charge; severance payments substantially complete by end of 2014, lease-related cash payments through 2017.
2013-12-31acquisition_additioncompleted2013-12-31Global (India, U.K. and others)IAN (9 acquisitions); CMG (2 acquisitions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Eleven acquisitions completed during 2013, including a full-service digital agency in India, a full-service agency in the U.K. and a public relations consultancy in India. Headcount added through these acquisitions was not disclosed.
2013-12-31restructuringin_progress5412013-12-312014-03-31GlobalAll levels and functionsUSD 61 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2013 Plan implemented in Q4 2013 to align cost structure with revenue, primarily in Continental Europe. Includes severance, lease terminations, and other exit costs.
2013-12-31restructuringin_progressUSD 60,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31restructuringin_progress5412013 Restructuring Plan [Member]USD 61,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31restructuringin_progressEmployee Severance [Member] / 2013 Restructuring Plan [Member]USD 55,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31restructuringin_progressReal Estate [Member] / 2013 Restructuring Plan [Member]USD 4,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31restructuringin_progressOther Restructuring [Member] / 2013 Restructuring Plan [Member]USD 500,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31restructuringin_progressReportable Segments Two [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31restructuringin_progressPrior Year Restructuring Plans [Domain]USD -600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31restructuringin_progress2013 Restructuring Plan [Member] / Other Segments [Member]USD 56,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31restructuringin_progressEmployee Severance [Member]USD 55,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31restructuringin_progressOther Restructuring [Member]USD 500,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31restructuringin_progressReal Estate [Member]USD 4,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-06-30acquisition_additioncompletedIndia, Australia and other marketsIntegrated Agency Networks (IAN); Constituency Management Group (CMG)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Eight acquisitions completed in the first half of 2013 (seven in IAN, one in CMG), including a digital agency, a public relations consultancy in India and a mobile marketing agency in Australia; no headcount added disclosed.
2013-06-30acquisition_additioncompletedIndia, AustraliaIntegrated Agency Networks, Constituency Management Groupbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Completed eight acquisitions in H1 2013, including a digital agency and PR consultancy in India and a mobile marketing agency in Australia. Headcount not disclosed.
2013-03-31acquisition_additioncompleted2013-03-31India, AustraliaIntegrated Agency Networks (IAN)USD 53 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Completed six acquisitions including a digital agency in India and mobile marketing agency in Australia. Recorded $53.0M in goodwill and intangible assets. Headcount not disclosed.
2012-12-31acquisition_additioncompletedUnited States; United Kingdom; international marketsIAN (8 acquisitions); CMG (4 acquisitions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Twelve acquisitions completed during 2012 (eight in IAN, four in CMG), recording approximately $201.0 million of goodwill and intangible assets; headcount added through these acquisitions is not disclosed.
2012-12-31divestiture_reductioncompletedUnited States; international marketsIAN; CMGMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During 2012 the company sold one business in an international CMG market and businesses in international and domestic IAN markets; associated headcount reductions are not disclosed.
2012-03-31restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31acquisition_additioncompletedGlobalIntegrated Agency Networks (IAN) and Constituency Management Group (CMG)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Twenty-two acquisitions completed during 2011 (18 in IAN, 4 in CMG); headcount added not disclosed. Approximately $133.0 million of goodwill and intangible assets recorded.
2011-12-31restructuringcompletedGlobalConsolidatedUSD 1 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Restructuring and other reorganization-related charges of $1.0 million recorded in 2011 (vs. $3.9M in 2010 and $4.6M in 2009). No employee-affected count or program detail disclosed.
2011-12-31divestiture_reductioncompletedUnited StatesIntegrated Agency Networks (IAN)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
A business in the domestic market within IAN was sold during 2011; headcount removed not disclosed.
2011-12-31restructuringcompletedGlobalCorporate and otherUSD 1 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Restructuring and other reorganization-related charges, net of $1.0 million recorded in 2011. Includes severance expense.
2011-12-31restructuringin_progressUSD 1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-30restructuringcompletedUSD 0 (millions)financial_statements
f5-10q / Qwen3.6-27B-Q8_0
Reported as 'Restructuring and other reorganization-related (reversals) charges, net' of $(0.2) million for the three months ended Sept 30, 2011. No employee count disclosed.
2011-09-30restructuringcompletedUSD 1 (millions)financial_statements
f5-10q / Qwen3.6-27B-Q8_0
Reported as 'Restructuring and other reorganization-related (reversals) charges, net' of $0.8 million for the nine months ended Sept 30, 2011. No employee count disclosed.
2011-09-30restructuringin_progressUSD 800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-30restructuringcompletedGlobalCorporate and otherUSD 0 (millions)financial_statements
f5-10q / Qwen3.6-27B-Q8_0
Restructuring and other reorganization-related charges, net of $0.2 million for the three months ended June 30, 2011. No employee count disclosed.
2011-06-30restructuringcompletedGlobalCorporate and otherUSD 1 (millions)financial_statements
f5-10q / Qwen3.6-27B-Q8_0
Restructuring and other reorganization-related charges, net of $1.0 million for the six months ended June 30, 2011. No employee count disclosed.
2011-06-30restructuringin_progressUSD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progressUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Filing reports $0.8 million in 'Restructuring and other reorganization-related charges, net' for Q1 2011. MD&A notes higher severance expense contributed to salary increases, but does not disclose specific employee counts affected.
2011-03-31restructuringin_progressUSD 800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-12-31restructuringcompletedUnited KingdomLowe & Partners (IAN) — DLKW integrationUSD 3 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2010 other reorganization-related charges of $3.2 relate primarily to integrating Delaney Lund Knox Warren into Lowe London; severance, termination and lease exit costs. Filer states these actions are complete. No employee count disclosed.
2010-12-31restructuringin_progressContinental Europe (Italy, Germany, Spain)IAN agenciesMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
MD&A cites additional workforce actions taken in 2010 in countries with organic revenue decreases, alongside large 2009 reductions; consolidated severance expense was 1.5% of revenue in 2010. No headcount or discrete charge disclosed.
2010-12-31acquisition_additioncompletedUnited Kingdom; BrazilIAN (4 of 5) and CMG (1 of 5)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Five acquisitions completed in 2010; most significant were Delaney Lund Knox Warren (UK, ~$43.0 cash) and CuboCC (Brazil). No headcount added through acquisitions is disclosed.
2010-12-31divestiture_reductioncompletedUnited States; EuropeCMG (domestic sale); IAN (European business sale)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During 2010 the filer recognized a gain on a domestic CMG business sale, partly offset by a loss on a European IAN business sale. No headcount removed through dispositions is disclosed.
2010-12-31restructuringcompleted2007-09-01GlobalLoweUSD 1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Net charges related to 2007 Lowe restructuring program. Substantially all activities completed.
2010-12-31restructuringcompleted2003-01-01GlobalGlobalUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2003 restructuring program. Substantially all activities completed. Remaining liability $2.4 million.
2010-12-31restructuringcompleted2001-01-01GlobalGlobalUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2001 restructuring program. Substantially all activities completed. Remaining liability $4.8 million.
2010-12-31restructuringcompleted2010-01-01United KingdomLoweUSD 3 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Integration of Delaney Lund Knox Warren (DLKW) into Lowe London operations. Actions complete.
2010-12-31restructuringin_progressUSD 3,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2010-09-30restructuringin_progress2010-07-012011-12-31United KingdomIAN - Lowe London / DLKW integrationUSD 4 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Integration of the July 2010 DLKW acquisition into Lowe London operations; charges cover severance, lease termination and other exit costs through remainder of 2010 and into 2011. Combined agency named DLKW Lowe. No employee count disclosed.
2010-09-30acquisition_additioncompleted2010-07-01United KingdomIANUSD 43 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of Delaney Lund Knox Warren for approximately $43.0 in cash; headcount added not disclosed. Five additional acquisitions completed in first nine months of 2010, also without headcount disclosure.
2010-09-30restructuringin_progress2010-07-012011-12-31United KingdomLowe / DLKW (Integrated Agency Networks)USD 4 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Integration of acquired Delaney Lund Knox Warren into Lowe London; charges cover severance, termination, and lease exit costs. Filer does not disclose affected-employee count.
2010-09-30acquisition_additioncompleted2010-07-01United KingdomIntegrated Agency NetworksUSD 43 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase of Delaney Lund Knox Warren for approximately $43.0 in cash; headcount added not disclosed.
2010-09-30acquisition_additioncompleted2010-01-012010-09-30BrazilIntegrated Agency Networksbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
One of five additional acquisitions completed in the first nine months of 2010, a new media and digital marketing services company in Brazil; headcount added not disclosed.
2010-09-30restructuringin_progress2010-09-302011-12-31United KingdomIntegrated Agency Networks (IAN)USD 4 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Initiated plans to integrate acquisition of Delaney Lund Knox Warren (DLKW) into Lowe London operations. Charges relate to severance, termination costs, and lease exit costs. Expected to incur approx $4.0M through remainder of 2010 and into 2011.
2010-09-30restructuringin_progressUSD 2,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-06-30restructuringcompletedGlobalCorporate and otherUSD 1 (millions)financial_statements
f5-10q / Qwen3.6-27B-Q8_0
Charge recorded for the three months ended June 30, 2010. MD&A notes lower severance expense in Q2 2010 compared to Q2 2009 due to workforce actions taken in 2009.
2010-06-30restructuringcompletedGlobalCorporate and otherUSD 1 (millions)financial_statements
f5-10q / Qwen3.6-27B-Q8_0
Charge recorded for the six months ended June 30, 2010. MD&A notes organic decline in severance expense for the first half of 2010 compared to the first half of 2009.
2010-06-30restructuringin_progressUSD 900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-03-31restructuringcompletedGlobalIntegrated Agency NetworksUSD 0 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Filing reports $0.3M in restructuring charges for Q1 2010. MD&A notes 'lower severance expense resulting from work force actions in 2009' contributed to decreased salaries. No specific employee count for Q1 2010 actions is disclosed.
2009-12-31restructuringin_progress6,40014%2008All regions; severance charges largest in United States and Continental EuropeIAN — advertising and media businessesUSD 166 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Work force reductions initiated in Q4 2008 and continued through 2009; 6,400 headcount reduction (~14% of workforce) is cumulative from Q4 2008 through 2009, not FY2009-only. Charge shown is FY2009 severance expense ($165.5 vs. $88.3 in 2008). Filer did not anticipate significant additional reductions in 2010.
2009-12-31restructuringin_progress2009-10-152010United States (Deutsch) with global Lowe networkIAN — Deutsch and Lowe & Partners alignmentUSD 5 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2009 other reorganization-related charges of $5.0 primarily relate to the Deutsch/Lowe alignment (severance, termination and lease exit costs); employees affected not disclosed. Filer expects approximately $1.5 additional charges in 2010 to complete implementation.
2009-12-31acquisition_additioncompleted2009-12-312009-12-31Not disclosedIANbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Four acquisitions completed during 2009, all in the IAN segment; headcount added through these acquisitions was not disclosed.
2009-12-31restructuringin_progress6,40014%2008-10-01GlobalAll networksUSD 166 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Work force reductions initiated in Q4 2008 and continued through 2009. Decreased headcount by approx 6,400 employees (14% of workforce). 2009 severance expense was $165.5 million.
2009-09-30reduction_in_forcein_progress5,10011%GlobalCompany-wide, primarily advertising and media businesses in IAN segmentMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Cumulative headcount reduction of approximately 5,100 employees (about 11% of work force) from work force reductions initiated in Q4 2008 through the first nine months of 2009 in response to difficult economic conditions; not a single-quarter figure. Additional reductions expected in Q4 2009.
2009-09-30restructuringin_progressUnited States and Continental EuropeIAN segment — advertising and media businessesUSD 9 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Organic increase in severance charges of $9.0 in Q3 2009 vs prior year from work force actions taken in the quarter; largest components related to advertising and media businesses in the U.S. and Continental Europe.
2009-09-30restructuringin_progressGlobalPrimarily advertising businesses within IAN segmentUSD 57 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Organic increase in severance charges of $56.9 for the nine months ended September 30, 2009 vs prior year, primarily in advertising businesses within the IAN segment.
2009-09-30restructuringannounced2009-10-15United States and globalIAN segment — Deutsch and Lowe alignmentMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Announced alignment of Deutsch and Lowe agencies; Deutsch to be referred to as Deutsch, Inc., a Lowe & Partners Company. Reorganization charges expected in Q4 2009 and into 2010 as plans are formalized. No headcount figures disclosed.
2009-09-30restructuringin_progress5,10011%2008-10-01Global; largest impacts in the U.S. and Continental EuropePrimarily advertising and media businesses within the IAN segmentMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative work force reductions initiated in Q4 2008 and continued through the first nine months of 2009, reducing headcount by approximately 5,100 employees, about 11% of the work force. Severance expense rose organically by $9.0M in Q3 2009 and $56.9M YTD 2009 versus prior year (increases, not total charges). Filer expects additional work force reductions in Q4 2009. No total headcount disclosed in filing, so percent is as stated by filer.
2009-09-30restructuringannounced2009-10-15GlobalIntegrated Agency Network (IAN) — Deutsch and Lowe agenciesother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter announcement (after 2009-09-30) aligning Deutsch with Lowe; combined entity remains in IAN. Filer is formalizing plans and expects reorganization charges in Q4 2009 and into 2010; no employee count or charge amount disclosed.
2009-09-30restructuringin_progress5,10011%2008-10-01GlobalIntegrated Agency Networks (IAN) and Constituency Management Group (CMG)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Workforce reductions initiated in Q4 2008 continued through the first nine months of 2009. The filing states these actions decreased headcount by approximately 5,100 employees, representing approximately 11% of the workforce. Severance charges of $9.0 million were recognized in Q3 2009, and $56.9 million YTD 2009, primarily in advertising businesses within the IAN segment.
2009-09-30restructuringannounced2009-10-15United States and GlobalIntegrated Agency Networks (IAN)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
On October 15, 2009, the company announced the alignment of Deutsch and Lowe. The company expects to incur certain reorganization charges in Q4 2009 and into 2010 as it implements these plans.
2009-06-30restructuringin_progress4,1009%2008-10-01Global (largest impact in Continental Europe and U.S. regions)IAN segment advertising businesses; largest severance impact at McCannUSD 19 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reductions initiated in Q4 2008 and continued through H1 2009 in response to economic conditions; cumulative headcount reduction of approximately 4,100 employees, about 9% of workforce. Q2 2009 severance charges of $19.4 million higher than prior-year quarter. Additional workforce reductions expected in Q3 2009 with higher severance expense.
2009-06-30restructuringin_progress4,1009%Global; largest severance components in Continental Europe and the U.S.Integrated Agency Networks (IAN) advertising businesses; largest severance components in IANMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative workforce reductions initiated in Q4 2008 and continued through H1 2009, reducing headcount by approximately 4,100 employees, about 9% of workforce. Severance charges in Q2 2009 rose $19.4M vs. Q2 2008 (increase, not total charge). Filer expects additional workforce reductions in Q3 2009 with higher severance expense. No restructuring footnote with a discrete program count or total charge is presented in this filing.
2009-06-30restructuringannounced2009-09-30Not specifiedNot specifiedMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Filer states it expects additional workforce reductions in the third quarter of 2009, resulting in higher severance expense versus the prior-year period. No headcount figure or charge amount disclosed.
2009-06-30restructuringin_progress4,1009%2008-10-01GlobalIntegrated Agency Network and other segmentsUSD 19 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Workforce reductions initiated in Q4 2008 continued through H1 2009. The 4,100 employee reduction represents ~9% of the workforce. Severance charges of $19.4M were recorded in Q2 2009, primarily in IAN, Continental Europe, and the U.S. The filing expects additional workforce reductions in Q3 2009.
2009-03-31restructuringin_progress2,800All geographic regions, highest concentration in U.S. and Continental EuropePrimarily advertising businesses in Integrated Agency Network (IAN) segment; also events marketing and branding businesses in CMGUSD 29 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reductions initiated in Q4 2008 and continued in Q1 2009 decreased headcount by approximately 2,800 employees. The $28.5 figure is the increase in severance charges in Q1 2009 versus Q1 2008, not the total severance charge. Severance expense was 3.1% of revenue in Q1 2009 vs 0.9% in Q1 2008.
2009-03-31restructuringin_progress2,800All geographic regions; highest concentration in the U.S. and Continental EuropeIntegrated Agency Networks (IAN) advertising businessesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Combined Q4 2008 and Q1 2009 work force reduction of approximately 2,800 employees; Q1 2009 severance charges rose $28.5 vs. Q1 2008. No separate total charge or completion date disclosed; reductions expected to continue benefiting base salary and benefit costs through the remainder of 2009.
2009-03-31restructuringin_progress2,8002009-03-31GlobalIntegrated Agency Network (IAN)USD 29 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Work force reduction initiated in Q4 2008 and Q1 2009. Severance charges of $28.5M in Q1 2009 primarily related to advertising businesses in IAN segment, spread across all geographic regions with highest concentration in U.S. and Continental Europe.
2008-12-31restructuringin_progress2009-06-30GlobalCorporate / media businesses (Mediabrands realignment)USD 11 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2008 other reorganization-related charges for realigning media businesses into Mediabrands and the 2006 Draftfcb merger; severance, termination and lease exit costs. Mediabrands charges expected to complete in first half of 2009; Draftfcb charges complete. Employee counts not disclosed.
2008-12-31restructuringin_progressGlobalIntegrated Agency Networks (IAN) and Constituency Management Group (CMG)USD 6 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2008 restructuring charges under the 2007 (Lowe), 2003 and 2001 programs: lease termination/exit costs $5.2 and severance/termination costs $0.6. Split disclosed as $4.2 IAN and $1.6 CMG. Substantially all program activities completed; employee counts not disclosed.
2008-12-31restructuringcompleted2008-12-31GlobalMultiple business units and geographic regionsUSD 48 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance charges taken in Q4 2008 as economic conditions deteriorated, recorded within salaries and related expenses rather than the restructuring line; $16.4 higher than the comparable prior-year quarter. Employee counts not disclosed.
2008-12-31acquisition_additioncompleted2008-12-31North America, United Kingdom, France, Middle EastIAN (nine acquisitions) and CMG (one acquisition)USD 107 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Ten acquisitions completed during 2008 with total cash paid of $107.2 plus $51.7 accrued for known deferred payments; headcount added through these acquisitions not disclosed.
2008-12-31restructuringcompleted2008-10-012008-12-31GlobalMultiple business units and geographic regionsUSD 48 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Severance charges of $48.4 million recorded in the fourth quarter 2008 due to measures to realign businesses as economic conditions deteriorated. Spread across multiple business units and geographic regions.
2008-12-31restructuringcompleted2008-01-012008-12-31GlobalIntegrated Agency Networks and Constituency Management GroupUSD 6 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Net restructuring charges of $5.8 million for 2008 related to 2003, 2001, and 2007 Lowe Worldwide programs. Includes lease termination and severance costs.
2008-12-31restructuringin_progress2008-01-012009-06-30GlobalMedia businesses (Mediabrands)USD 11 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Other reorganization-related charges of $11.3 million for 2008 related to realignment of media businesses into Mediabrands and creation of Draftfcb. Mediabrands charges expected to be completed in first half of 2009.
2008-09-30restructuringin_progress2008-07-09GlobalIAN - global media operations (Mediabrands realignment)USD 4 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q3 2008 charge primarily relates to realignment of global media operations; no employee count disclosed. Total restructuring liability of $15.7 million at September 30, 2008 across 2007, 2003 and 2001 programs.
2008-09-30restructuringin_progress2007-07-01Lowe Worldwiderestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Nine-month 2008 charges include the restructuring program announced at Lowe Worldwide in Q3 2007; net charges primarily leasehold amortization and additional severance expense. No employee count disclosed.
2008-09-30restructuringin_progress2008-07-09GlobalIAN — global media operations (Mediabrands; Initiative and Universal McCann)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charges relate to realignment of global media operations tied to creation of Mediabrands; severance expense not quantified separately. Combined Q3 2008 charge of $3.9 and YTD 2008 charge of $11.2 cover this program and the Lowe program; total restructuring liability at 2008-09-30 was $15.7 (2007/2003/2001 programs: $1.9/$6.9/$6.9). No employee counts disclosed.
2008-09-30restructuringin_progressGlobalIAN — Lowe Worldwiderestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program announced at Lowe during Q3 2007; charges continued into the nine months ended 2008-09-30. Net charges consist of leasehold amortization and additional severance expense; no employee counts or program-specific charge split disclosed. Announcement date not stated in this filing.
2008-09-30acquisition_additioncompletedNorth America, United Kingdom, France, Middle EastIANbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Nine acquisitions completed during the nine months ended 2008-09-30, including entertainment-marketing, digital advertising/marketing agencies and a Middle East agency stake increase to 51%. Cash paid at closing $100.8 with $51.7 accrued for deferred payments; headcount added not disclosed.
2008-09-30restructuringin_progressGlobalMedia operationsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges primarily relate to realignment of global media operations and creation of Mediabrands entity. Includes leasehold amortization and severance.
2008-09-30restructuringin_progress2007-Q3GlobalLowe WorldwideUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD charges relate to restructuring program announced at Lowe Worldwide in Q3 2007. Includes leasehold amortization and severance.
2008-06-30restructuringin_progress2007-09-30Lowe Worldwide; global media operations realignmentUSD 4 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q2 2008 charges primarily relate to the 2007 Lowe restructuring program and realignment of global media operations (Mediabrands); charges consist mainly of leasehold amortization and severance. No employee counts disclosed. Total restructuring liability of $18.9 million at June 30, 2008 across 2007, 2003 and 2001 programs.
2008-06-30restructuringin_progressIntegrated Agency Networks (IAN) — Lowe Worldwide and global media operationsUSD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charge of $7.3 recognized in six months ended June 30, 2008, of which $4.1 in Q2 2008; primarily the Lowe program announced during Q3 2007 (exact announcement date not disclosed), plus Q2 2008 realignment of global media operations ahead of the Mediabrands entity announced 2008-07-09. Charges consist mainly of leasehold amortization and severance. No employee counts disclosed. Total restructuring liability at June 30, 2008 was $18.9 across the 2007, 2003 and 2001 programs; approximately $2.0 paid during Q2 2008 on the 2007 program.
2008-06-30acquisition_additioncompletedNorth America and United KingdomIntegrated Agency Networks (IAN)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Five acquisitions completed in the six months ended June 30, 2008, most significant being the remaining interest in a North American entertainment-marketing agency (previously 40% held) and a UK digital advertising agency. Cash paid at closing $15.2 plus $5.5 accrued for deferred payments; approximately $19.2 allocated to goodwill and intangibles. No headcount added disclosed.
2008-06-30acquisition_additioncompletedFrance, North America and Middle Eastsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Four acquisitions completed after June 30, 2008 and before the July 30, 2008 filing: a marketing services agency in France, a 51% interest in a North American digital marketing agency, and an additional 31.1% interest in a Middle Eastern full-service agency (previously 19.9% held). Cash paid at closing approximately $86.0. No headcount added disclosed.
2008-06-30divestiture_reductioncompletedDraftfcb, Mediabrands and Loweother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of businesses within Draftfcb, Mediabrands and Lowe during Q2 2008, generating a gain of approximately $3.0. No headcount impact from the divestitures was disclosed.
2008-06-30restructuringin_progress2007-09-30GlobalLowe WorldwideUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges for Q2 2008 primarily relate to the restructuring program announced at Lowe Worldwide during Q3 2007. Charges consist of leasehold amortization and additional severance expense.
2008-06-30restructuringin_progress2008-06-30GlobalGlobal Media Operationsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges for Q2 2008 also relate to the realignment of global media operations. Specific headcount or charge amounts for this specific component are not disaggregated from the total.
2008-03-31restructuringin_progress2007-07-01Lowe WorldwideUSD 3 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2008 charges relate to accelerated leasehold amortization and severance adjustments from earlier-than-expected employee exits under the Lowe program announced in Q3 2007; no employee counts disclosed. Payments of ~$9.0 made in the quarter; total restructuring liability $21.5 at 2008-03-31 ($5.2 for 2007 program).
2008-03-31restructuringin_progress2007-09-30Lowe Worldwide (IAN segment)USD 3 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program announced at Lowe in Q3 2007; Q1 2008 charges cover accelerated leasehold amortization and severance adjustments. Payments of ~$9.0M in the quarter; total restructuring liability $21.5M across 2007, 2003 and 2001 programs. No employee count disclosed.
2008-03-31restructuringin_progress2007-09-30Lowe WorldwideIntegrated Agency Networks (IAN)USD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges relate to accelerated leasehold amortization and severance adjustments for changes to management estimates due to an earlier-than-expected exit of certain employees. Total liability balance for all restructuring programs is $21.5 million.
2007-12-31restructuringin_progress2009-12-31Domestic and internationalLowe (Integrated Agency Network)USD 15 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program begun in Q3 2007 to realign Lowe resources; severance and termination costs of $14.5 plus $4.6 of lease termination and exit costs recognized in FY2007. Additional charges of approximately $4.0 expected in H1 2008; cash payments expected through 2009-12-31. Employees affected not disclosed.
2007-12-31restructuringin_progress2008-12-31Not specifiedMedia businesses (Corporate and other reorganization)USD 13 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2007 other reorganization-related charges relate to realignment of media businesses; primarily severance and lease termination costs. Charges expected to be completed during 2008. Employees affected not disclosed.
2007-12-31acquisition_additioncompletedUnited States, Latin America, United Kingdom, IndiaIntegrated Agency Network (IAN)USD 140 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Eight acquisitions completed during 2007 (including Reprise Media, remaining India agency interests, a U.K. healthcare services business and a U.S. branded entertainment business); total cash consideration $140.4. Headcount added not disclosed; charge value shown is total cash consideration, not a workforce charge.
2007-12-31divestiture_reductioncompletedNot specifiedDraftfcb (Integrated Agency Network)USD 9 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Several non-strategic Draftfcb businesses sold in Q2 2007 for a loss of $9.3. Headcount removed not disclosed; charge value is loss on sale, not a severance charge.
2007-12-31divestiture_reductioncompletedInternational (including South Africa)Lowe (Integrated Agency Network)USD 8 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Q3 2007 charges from liquidation of several Lowe businesses and partial disposition of a South Africa business. Headcount removed not disclosed; charge value relates to realized translation adjustments and disposition charges.
2007-12-31restructuringin_progress2007-07-012009-12-31Domestic and InternationalLowe WorldwideUSD 19 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Program entered in Q3 2007 to realign resources. Includes workforce reduction and lease terminations. Charges of $14.5M severance and $4.6M lease exit costs recognized in 2007. Additional charges of approx $4.0M expected in H1 2008. Cash payments expected through Dec 31, 2009.
2007-12-31restructuringin_progress2007-01-012008-12-31GlobalMedia BusinessesUSD 13 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Realignment of media businesses. Charges primarily related to severance and lease termination. Expected to be completed during 2008.
2007-09-30restructuringin_progress2007-07Domestic and internationalLowe Worldwide (IAN segment)USD 5 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
New Lowe restructuring program entered in Q3 2007 to realign resources with strategic objectives; includes workforce reductions and lease terminations. Q3 severance/termination charge of $4.8M; company expects approximately $6.0M additional severance and $7.0M lease termination/exit costs over the next two to three quarters, with cash payments through December 31, 2008. No employee count disclosed. Remaining program liability at 2007-09-30 was $3.2M.
2007-09-30restructuringin_progress2007-07-012008-03-31Domestic and internationalLowe Worldwide (IAN segment)USD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Lowe restructuring program begun in Q3 2007 to realign workforce with strategic objectives; $4.8M severance recognized in Q3. Company expects additional severance of ~$6.0M and lease exit costs of ~$7.0M over the next two to three quarters, with cash payments through 2008-12-31. No employee count disclosed.
2007-09-30acquisition_additioncompletedLatin America, North America, IndiaIAN segmentUSD 113 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Six acquisitions during nine months ended 2007-09-30 with total cash consideration of $112.8M, including Reprise Media (search engine marketing), a Latin American full-service agency, and remaining interests in two India agencies. No headcount added disclosed.
2007-09-30divestiture_reductioncompletedSouth Africa, multipleDraftfcb and Lowe (IAN segment)USD 15 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Several non-strategic businesses sold during nine months ended 2007-09-30 for aggregate losses of ~$15.4M, including liquidation of several businesses and partial disposition of a South Africa business at Lowe. No headcount removed disclosed.
2007-09-30restructuringin_progress2007-09-302008-12-31Domestic and InternationalLowe WorldwideUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Program entered into during Q3 2007 to realign resources. Includes reducing/restructuring workforce and terminating leases. Recognized $4.8M severance in Q3; expects additional $6.0M severance and $7.0M lease costs over next 2-3 quarters. Cash payments expected through Dec 31, 2008.
2007-09-30restructuringin_progress2003-01-01GlobalIntegrated Agency Networks (IAN) and Constituency Management Group (CMG)USD -1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2003 restructuring program. Net reversals of $0.6M for nine months ended Sept 30, 2007, primarily due to utilization of previously vacated property and adjustments to estimates.
2007-09-30restructuringin_progress2001-01-01GlobalIntegrated Agency Networks (IAN) and Constituency Management Group (CMG)USD -5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2001 restructuring program. Net reversals of $5.3M for nine months ended Sept 30, 2007, primarily due to utilization of previously vacated property and adjustments to estimates.
2007-06-30acquisition_additioncompletedLatin AmericaIANbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Full-service advertising agency acquired in H1 2007; one of three acquisitions with aggregate cash consideration of $80.2 million; headcount added not disclosed.
2007-06-30acquisition_additioncompletedNorth AmericaIANbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reprise Media, a search engine marketing firm; contingent purchase obligation tied to future performance; headcount added not disclosed.
2007-06-30acquisition_additioncompletedIndiaIANbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Remaining interests acquired in an agency where a 49% interest was previously held; headcount added not disclosed.
2007-06-30acquisition_additioncompletedIndiasubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Subsequent to June 30, 2007, remaining interests in another India business were acquired; headcount added not disclosed.
2007-06-30divestiture_reductioncompletedDraftfcb and Lowe Worldwideother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Several businesses sold during Q2 2007 for an approximate $10.0 million loss; headcount removed not disclosed.
2007-06-30divestiture_reductioncompletedother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Remaining ownership interests in two agencies sold during Q2 2007 for a $2.8 million gain; headcount removed not disclosed.
2007-06-30othercompleted2007-06-01Corporate — executivesother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Date shown is the plan's effective date; new executive severance plan providing salary continuation and medical/dental/vision benefits; number of eligible participants not disclosed.
2007-06-30restructuringin_progressIntegrated Agency Networks (IAN)USD -5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Net reversal of $5.1 million for Q2 2007 related to 2003/2001 programs; primarily utilization of previously vacated property at Draftfcb.
2007-06-30restructuringin_progressConstituency Management Group (CMG)USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Net reversal of $0.1 million for Q2 2007 related to 2003/2001 programs; adjustments to estimates for severance and lease termination costs.
2007-06-30acquisition_additioncompletedLatin AmericaIntegrated Agency Networks (IAN)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of a full-service advertising agency in Latin America during the six months ended June 30, 2007. Headcount not disclosed.
2007-06-30acquisition_additioncompletedNorth AmericaIntegrated Agency Networks (IAN)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Reprise Media, a full-service search engine marketing firm, during the six months ended June 30, 2007. Headcount not disclosed.
2007-06-30acquisition_additioncompletedIndiaIntegrated Agency Networks (IAN)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of remaining interests in a full-service advertising agency in India (previously 49% interest) during the six months ended June 30, 2007. Headcount not disclosed.
2007-06-30divestiture_reductioncompletedDraftfcbUSD -10 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Sale of several businesses within Draftfcb resulting in a loss of approximately $10.0 million during Q2 2007. Headcount not disclosed.
2007-06-30divestiture_reductioncompletedLowe WorldwideMD&A
f5-10q / Qwen3.6-27B-Q8_0
Sale of several businesses within Lowe Worldwide during Q2 2007. Headcount not disclosed.
2007-06-30divestiture_reductioncompletedUSD 3 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Sale of remaining ownership interests in two agencies resulting in a gain of $2.8 million during Q2 2007. Headcount not disclosed.
2007-03-31restructuringin_progressConstituency Management Group (CMG); Integrated Agency Networks (IAN)USD -1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Net reversals of $0.6 million in Q1 2007, primarily severance and lease termination estimate adjustments; net reversals of $0.6 at CMG partially offset by net charges of $0.2 at IAN. Relates to 2003 and 2001 restructuring programs; remaining liability $29.4 million at March 31, 2007. No employee counts disclosed.
2007-03-31restructuringin_progressUSD -1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Net reversals primarily consisted of adjustments to estimates relating to severance and lease termination costs for 2003 and 2001 programs. No employee counts disclosed.
2006-12-31restructuringin_progress2006-06-012007-06-30GlobalIAN — Draftfcb merger and media agency realignmentUSD 33 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Other reorganization-related charges for FY2006, covering severance tied to the Draft/FCB merger into Draftfcb and the media business realignment, plus lease termination charges. Filer states charges from these decisions expected to be complete during the first half of 2007. No employee count disclosed.
2006-12-31restructuringin_progressGlobalConsolidated — 2003 and 2001 restructuring programs (residual activity)USD 2 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2006 net restructuring charges of $1.5M, consisting of lease termination and other exit cost adjustments under the 2003 and 2001 programs; substantially all activities under both programs completed. No employees affected disclosed for FY2006 (the approximately 400-employee workforce reduction relates to the 2004 program in a prior year).
2006-12-31restructuringin_progress2006-06-012007-06-30GlobalIntegrated Agency Network (IAN)USD 33 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Merger of Draft Worldwide and Foote, Cone and Belding Worldwide to form Draftfcb; realignment of media business. Charges include severance and lease terminations. Expected to be complete in first half of 2007.
2006-12-31restructuringcompleted2003-01-012006-12-31GlobalCorporate and Operating DivisionsUSD 2 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2003 restructuring program initiated in response to softness in demand. 2006 activity primarily related to adjustments to estimates for lease termination and exit costs.
2006-09-30restructuringin_progressIAN and CMG segmentsUSD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q3 2006 total of $6.2M comprises $1.3M restructuring charges (2003 and 2001 programs) and $4.9M other reorganization related charges, primarily severance tied to the Draft FCB Group merger and media business realignment; no employee counts disclosed.
2006-09-30restructuringin_progressIAN and CMG segmentsUSD 13 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Nine-month 2006 total of $12.9M comprises $1.7M restructuring charges and $11.2M other reorganization related charges; remaining restructuring liability of $36.8M at September 30, 2006; no employee counts disclosed.
2006-09-30restructuringin_progress2007-12-31GlobalIAN (Integrated Agency Network) — Draft FCB Group merger and media business realignmentUSD 11 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance tied to Draft FCB merger and media realignment; charges expected to complete during remaining 2006 and early 2007. No employee count disclosed.
2006-09-30restructuringin_progress2015-12-31Global2003 restructuring program — lease terminations and severanceUSD 2 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Nine-month 2006 net charges; program substantially complete. Cash payments on lease obligations expected through 2015. No employee count disclosed.
2006-09-30restructuringin_progress2024-12-31Global2001 restructuring program — True North acquisition integrationUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Nine-month 2006 net charges; program substantially complete. Cash payments on lease obligations expected through 2024. No employee count disclosed.
2006-09-30restructuringin_progress2003-01-012015-12-31GlobalIntegrated Agency Network; Constituency Management GroupUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2003 program initiated in response to softness in demand. Charges relate to lease termination and other exit costs and severance. Cash payments expected through 2015.
2006-09-30restructuringin_progress2001-01-012024-12-31GlobalIntegrated Agency Network; Constituency Management GroupUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2001 program initiated following acquisition of True North Communications. Charges relate to lease termination and other exit costs and severance. Cash payments expected through 2024.
2006-09-30restructuringin_progress2006-01-012007-03-31GlobalIntegrated Agency Network; Media BusinessUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance charges associated with merger of Draft Worldwide and Foote, Cone and Belding Worldwide to create Draft FCB Group, and realignment of media business. Expected to be complete in early 2007.
2006-06-30restructuringin_progress2015-12-31USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2003 Program: Net charges of $0.0 million for Q2 2006 and $0.4 million for YTD 2006. Cash payments expected through 2015.
2006-06-30restructuringin_progress2024-12-31USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2001 Program: Net charges of $0.4 million for Q2 2006 and $0.4 million for YTD 2006. Cash payments expected through 2024.
2006-03-31restructuringannounced2006-03-27Lowe reporting unit (IAN segment)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan for Lowe to reduce its majority-owned offices to improve operational efficiency and target more profitable business; no employee counts or charges quantified. Goodwill tested for impairment as a result; no impairment identified.
2006-03-31restructuringannounced2006-03-27GlobalLowe (Integrated Agency Networks)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan announced to reduce Lowe's majority-owned offices for operational efficiency; no employee count or charge disclosed.
2006-03-31divestiture_reductioncompletedGlobalIntegrated Agency Networks (IAN)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of several businesses in IAN completed during Q1 2006; no headcount impact disclosed.
2006-03-31restructuringin_progress2003-01-012015-12-31GlobalIntegrated Agency Networks (IAN) and Constituent Management Group (CMG)USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2003 program initiated in response to softness in demand. Q1 2006 charges of $0.4M comprised of lease termination costs and amortization of discount. Substantially all activities completed; cash payments expected through 2015.
2006-03-31restructuringin_progress2001-01-012024-12-31GlobalIntegrated Agency Networks (IAN) and Constituent Management Group (CMG)USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2001 program initiated following acquisition of True North Communications. No charges recorded in Q1 2006. Substantially all activities completed; cash payments expected through 2024.
2006-03-31othercompleted2006-03-27GlobalThe Lowe GroupMD&A
f5-10q / Qwen3.6-27B-Q8_0
Announced plan to reduce majority-owned offices to improve operational efficiency and target more profitable business. No impairment charge recorded.
2005-12-31restructuringcompleted3,0002005-01-012005-12-31InternationalIntegrated Agency Networks (IAN)USD 163 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance activity covered approximately 3,000 employees, of which approximately 2,500 had left by year-end; concentrated in international businesses, mostly within IAN. Charge shown is total 2005 severance expense, not action-specific.
2005-12-31divestiture_reductioncompleted2005-12-312005-12-31Not specifiedIAN and CMGother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of twenty-seven businesses at IAN and two at CMG during 2005, comprising approximately $31.0 of revenue; headcount not disclosed.
2005-12-31restructuringcompleted3,000InternationalIntegrated Agency Networks (IAN)USD 163 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Severance activity covered approximately 3,000 employees, of which approximately 2,500 had left the Company by year-end. Actions concentrated in international businesses, mostly within IAN. Total severance expense was $162.5 million.
2005-12-31restructuringcompleted400GlobalGlobalUSD 62 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2003 restructuring program: workforce reduction of approximately 400 employees and vacating of 43 offices. Net charge of $62.2 million recorded in 2005 relates to prior year program adjustments and completions.
2005-09-30restructuringin_progress2003-01-01GlobalIntegrated Agency Networks (IAN), Constituency Management Group (CMG), CorporateUSD -1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Net reversal of $0.9M for Q3 2005 related to 2003 program. Includes lease termination and severance adjustments. Substantially all activities completed.
2005-09-30restructuringin_progress2001-01-01GlobalIntegrated Agency Networks (IAN), Constituency Management Group (CMG), CorporateUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
No net charges or reversals for Q3 2005 related to 2001 program. Substantially all activities completed.
2005-09-30restructuringin_progress2003-01-01GlobalIntegrated Agency Networks (IAN), Constituency Management Group (CMG), CorporateUSD -10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Net reversal of $9.7M for YTD 2005 related to 2003 program. Includes lease termination and severance adjustments.
2005-09-30restructuringin_progress2001-01-01GlobalIntegrated Agency Networks (IAN), Constituency Management Group (CMG), CorporateUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
No net charges or reversals for YTD 2005 related to 2001 program.
2005-06-30restructuringin_progress2003-01-01GlobalCorporate, IAN, CMGUSD -2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2003 Program: Net income of $1.9M for Q2 2005 due to adjustments to management estimates for lease termination and severance. Substantially all activities completed.
2005-06-30restructuringin_progress2001-01-01GlobalCorporate, IAN, CMGUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2001 Program: Net income of $0.6M for lease termination and $0 for severance in Q2 2005 due to adjustments to management estimates. Substantially all activities completed.
2005-03-31restructuringin_progress2003-01-01GlobalIntegrated Agency Networks (IAN) and Constituent Management Group (CMG)USD -7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Net income related to lease termination and other exit costs and severance and termination costs for the 2003 and 2001 restructuring programs. Includes adjustments to management estimates. Substantially all activities under the 2001 and 2003 programs have been completed.
2004-12-31restructuringin_progress4002004-12-31WorldwideAll segmentsUSD 62 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2003 program: approximately 400 employees terminated during 2004; net restructuring expense of $62.2M in 2004 across both 2003 and 2001 programs. Also vacated 43 offices in 2004. Substantially all activities under both programs completed as of December 31, 2004.
2004-12-31restructuringcompleted7,0002004-12-31WorldwideAll segmentsrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2001 program: cumulative worldwide reduction of approximately 7,000 employees since inception; approximately 180 offices vacated. In 2004, only adjustments to management estimates were recorded (net income of $9.4M), no new charges. Substantially all activities completed as of December 31, 2004.
2004-12-31divestiture_reductioncompleted2004-12-31United KingdomMotorsportsUSD 114 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Motorsports business exited during 2004. Contract termination charges of $113.6M related to agreements with British Racing Drivers Club and Formula One Administration. Headcount impact not separately disclosed.
2004-12-31divestiture_reductioncompleted2004-12-31United StatesResearch (NFO)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
NFO WorldGroup research unit sold to TNS in July 2003; classified as discontinued operations. Headcount impact not disclosed.
2004-12-31restructuringcompleted40020032004-12-31WorldwideAll levels and functionsUSD 20 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2003 Program: Worldwide workforce reduction of approximately 400 employees in 2004. Net expense of $19.5 million recorded for severance and termination costs.
2004-12-31restructuringcompleted20012004-12-31WorldwideAll levels and functionsUSD -5 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2001 Program: Net income of $5.1 million related to severance and termination costs resulted exclusively from adjustments to management estimates. Original program involved reduction of approximately 7,000 employees.
2004-12-31restructuringcompleted4002003-01-012004-12-31WorldwideAll segmentsUSD 62 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2003 program: approximately 400 employees terminated during 2004; charge of $62.2M covers both 2003 and 2001 programs for the year. Substantially all activities completed by year-end 2004.
2004-12-31restructuringcompleted10,3002001-01-012004-12-31WorldwideAll segmentsrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cumulative through fiscal year-end 2004: 2001 and 2003 programs together reduced headcount by approximately 10,300 employees and closed approximately 280 office locations. Substantially all activities completed by year-end 2004.
2004-12-31divestiture_reductioncompleted2004-01-122004-12-31United KingdomMotorsportsUSD 114 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Motorsports business sold during 2004; $113.6M contract termination charge. Headcount impact not separately disclosed.
2004-09-30restructuringin_progress4002003-04-01Global (US ~30%, UK ~20%, France ~15% of severance; remainder rest of Europe, Asia, Latin America)All employee levels and functionsUSD 72 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2003 restructuring program announced Q2 2003 in response to soft demand. Nine months ended Sep 30, 2004: 400 headcount reductions and $71.5M net charges ($19.7M severance, $51.8M lease terminations). Life-to-date program: 3,300 headcount reductions, $234.7M charges; 97 offices vacated. Program substantially complete as of Sep 30, 2004.
2004-09-30restructuringin_progress2001-06-01USD -6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2001 program following True North acquisition; ~7,000 employees terminated and ~180 locations downsized or vacated life-to-date. Nine months ended Sep 30, 2004 recorded net credits of $5.9M from changes in estimates; remaining liability $46.2M at Sep 30, 2004.
2004-09-30divestiture_reductioncompleted2004-01-122004-01-12United KingdomMotorsports (Brands Hatch subsidiaries — four owned circuits)USD 38 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of four motorsports circuits to MotorSport Vision Limited for ~£15M (~$26M); $38.0M impairment loss recognized in Q4 2003. Headcount transferred not disclosed.
2004-09-30othercompleted2004-04-192004-07-31United KingdomMotorsports (Silverstone — British Grand Prix)USD 80 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Termination of guarantee and promoter obligations with Formula One Administration; $93M paid in two installments; $80.0M charge in Q2 2004 net of ~$13M existing reserves.
2004-09-30othercompleted2004-07-012004-11-01United KingdomMotorsports (Silverstone lease)USD 34 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Agreements with British Racing Drivers Club to terminate remaining UK Motorsports obligations; £27M (~$49M) paid in three installments; $33.6M pre-tax charge in Q3 2004 net of $9.9M reserves. Lease termination option exercised November 1, 2004.
2004-09-30restructuringin_progress4002003-06-30GlobalCompany-wideUSD 72 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced in Q2 2003 (exact date not disclosed); 400 headcount reductions occurred in the nine months ended 2004-09-30, part of 3,300 life-to-date reductions. Program described as substantially complete at quarter end; charge covers severance and lease terminations. No expected completion date stated.
2004-09-30divestiture_reductioncompleted2004-01-122004-01-12United KingdomMotorsports (four owned circuits: Brands Hatch, Oulton Park, Cadwell Park, Snetterton)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of four owned circuits to MotorSport Vision Limited completed 2004-01-12; no headcount associated with the sale was disclosed.
2004-09-30restructuringin_progress2004-04-192004-12-31United KingdomMotorsportsUSD 114 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Exit from UK Motorsports obligations: $80.0M charge in Q2 2004 for British Grand Prix/FOA termination plus $33.6M Q3 2004 charge for BRDC agreements (total $113.6M year-to-date in Motorsports contract termination costs). Final liquidation of the investment anticipated in Q4 2004; no employee counts disclosed.
2004-09-30restructuringin_progress4002003-04-01GlobalAll functionsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2003 Program: 400 headcount reductions recorded in the nine months ended Sept 30, 2004. Total program headcount reductions to date: 3,300.
2004-09-30restructuringin_progress2001-06-01GlobalAll functionsUSD -6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2001 Program: Net credits of $5.9 million recorded in the nine months ended Sept 30, 2004 due to changes in estimates. Total program previously terminated approx 7,000 employees.
2004-06-30restructuringin_progress4002003-04-012004-09-30Global (US ~30%, UK ~20%, France ~15%, remainder Europe/Asia/Latin America)All employee levels and functionsUSD 71 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Six months 2004 net charges; program essentially complete as of March 31, 2004 with lease-related charges through September 30, 2004; ~$30M additional charges expected; ~$300M total program cost; 3,300 headcount reductions life-to-date
2004-06-30restructuringin_progress7,0002001-06-01GlobalCompany-wide (post-True North acquisition)USD 635 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Charges incurred in 2001; additional $12.1M in 2002 and $12.4M in 2003; ~180 locations downsized or vacated; remaining liability of $52.8M at June 30, 2004 to be paid over several years
2004-06-30divestiture_reductioncompleted2004-01-122004-01-12United KingdomMotorsports (four owned circuits sold to MotorSport Vision Limited)USD 38 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Impairment loss recognized in Q4 2003; sale consideration ~15 million Pounds Sterling (~$26 million)
2004-06-30othercompleted2004-04-192004-07-31United KingdomMotorsports (British Grand Prix promoter obligations terminated)USD 80 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Total of $93 million paid to Formula One Administration in two installments; charge reflects ~$13 million of existing reserves
2004-06-30otherannounced2004-07-012004-12-15United KingdomMotorsports (potential termination of remaining UK motorsports obligations with BRDC)USD 45 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Right to terminate Silverstone lease obligations effective November 1 through December 15, 2004; ~$49 million payable to BRDC in two installments; ~$24.5 million paid July 1, 2004
2004-06-30restructuringin_progress4002004-09-30GlobalCompany-wideUSD 71 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2003 program announced during Q2 2003 (exact date not disclosed). 400 headcount reductions in the six months ended June 30, 2004; 3,300 life-to-date through June 30, 2004 (2,900 in 2003). Charge shown is the six-month 2004 net restructuring charge; life-to-date program charge is $234.0M. Filer expects roughly $30M of additional charges through September 30, 2004 as remaining premises are vacated.
2004-06-30plant_closurein_progress2004-09-30GlobalCompany-wide (office locations)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Office downsizing under the same 2003 program: 92 offices already vacated, with seven more to be vacated by September 30, 2004; majority in the US, about one third overseas, principally Europe. Employees displaced by the closures are not separately disclosed; lease termination costs are included in the program charge.
2004-06-30divestiture_reductioncompletedUnited KingdomMotorsportsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of the four owned circuits (Brands Hatch, Oulton Park, Cadwell Park, Snetterton) to MotorSport Vision Limited completed January 12, 2004 for approximately GBP 15 million (~$26 million), plus a contingent amount up to GBP 2 million. Headcount transferred with the business is not disclosed; a $38.0M impairment on the circuits was recognized in Q4 2003.
2004-06-30acquisition_additioncompletedbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
One acquisition completed during the six months ended June 30, 2004 for $6.5 million in cash; headcount added is not disclosed.
2004-06-30restructuringin_progress4002003-04-012004-09-30GlobalAll functionsUSD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Headcount reductions of 400 recorded in the six months ended June 30, 2004. Program expected to complete by September 30, 2004.
2004-03-31restructuringin_progress4002003-04-012004-09-30Global (US ~30%, UK ~20%, France ~15% of severance; remainder rest of Europe, Asia, Latin America)All employee levels and functions across the CompanyUSD 64 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2004 charge under 2003 program: $22.1M severance and $42.1M lease terminations; life-to-date program total $227.4M and 3,300 headcount reductions. Income statement shows $62.6M restructuring charges plus $7.6M leasehold amortization acceleration in office and general expenses. Program essentially complete; ~$40M additional charges expected through September 30, 2004.
2004-03-31restructuringin_progress2001-06-30restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2001 program (post-True North acquisition) terminated approximately 7,000 employees and downsized or vacated ~180 locations; charges of $634.5M in 2001 plus $12.1M (2002) and $12.4M (2003). Remaining liability $67.9M at March 31, 2004; $1.6M reserve adjustment in Q1 2004.
2004-03-31restructuringin_progress3,3002003-062004-09-30Global (approximately 30% US, 20% UK, 15% France, remainder rest of Europe, Asia and Latin America)All employee levels and functions across the CompanyUSD 64 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program announced in Q2 2003 in response to softness in demand for advertising and marketing services. 400 positions were reduced during the three months ended March 31, 2004; 3,300 cumulative through 2004-03-31 (2,900 in 2003). Q1 2004 charge of $64.2M comprises $22.1M severance/termination and $42.1M lease terminations and other exit costs. Program described as essentially complete at quarter end, with approximately $40M of additional charges expected through 2004-09-30 as premises are vacated; total pre-tax program charges expected to approximate $300M including amounts in office and general expenses.
2004-03-31divestiture_reductioncompleted2004-01-122004-01-12United KingdomMotorsports (four owned circuits: Brands Hatch, Oulton Park, Cadwell Park, Snetterton)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of the four motorsports circuits to MotorSport Vision Limited completed 2004-01-12 for approximately 15 million Pounds (approximately $26 million), plus contingent consideration of up to 2 million Pounds. Headcount transferred or removed not disclosed.
2004-03-31restructuringin_progress4002003-04-012004-09-30GlobalAll employee levels and functionsUSD 64 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2003 Program: 400 headcount reductions in Q1 2004. Total program through March 31, 2004 includes 3,300 headcount reductions and $227.4 million in charges. Actions expected to be completed by September 30, 2004.
2004-03-31restructuringin_progress2001-06-01GlobalAll employee levels and functionsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2001 Program: No specific headcount reductions disclosed for Q1 2004, but an adjustment of $1.6 million was made to reduce reserves. Total program previously terminated approximately 7,000 employees.
2003-12-31restructuringin_progress2,9002003-04-012004-06-30Global (approximately 30% US severance, 15% UK, 10% France, remainder Europe, Asia and Latin America)All levels and functions across the CompanyUSD 176 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program announced in Q2 2003. Total 2003 restructuring charges of $175.6M, of which $163.2M relates to the 2003 program (severance $126.2M, lease terminations $37.0M); a further $16.5M of accelerated leasehold amortization recorded in office and general expenses. Approximately 2,900 employees terminated; 55 offices vacated with 25 more to be vacated. Approximately $85M additional charges expected in first half of 2004; total program expected to approximate $275M. Estimated salary and occupancy savings of approximately $175M.
2003-12-31restructuringin_progress2001-06-222003-12-31Global (primarily US, UK, France)Corporate and agency real estate; officesUSD 12 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Current-fiscal-year activity only for the multi-year 2001 program: $12.4M additional charge in 2003 for lease losses on properties vacated under the 2001 plan (program totals of $634.5M in 2001 and $12.1M in 2002 reported in prior filings and excluded here). Approximately 7,000 employees and 180 locations were terminated/downsized under the 2001 program; those separations occurred in prior years. Remaining liability at December 31, 2003 was $78.9M.
2003-12-31divestiture_reductioncompleted2003-05-142003-07-10GlobalNFO WorldGroup research unit (discontinued operation); AMS global operating group disbandeddiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of NFO research unit to Taylor Nelson Sofres completed July 10, 2003 for $415.6M cash plus approximately 11.7M TNS shares; pre-tax gain of $99.1M. NFO revenue through July 10, 2003 was $250.1M. No headcount associated with the divestiture was disclosed.
2003-12-31divestiture_reductionannounced2004-01-122004-01-12United KingdomMotorsports (Brands Hatch, Oulton Park, Cadwell Park, Snetterton circuits)USD 38 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent event: four owned motorsports circuits sold to MotorSport Vision Limited on January 12, 2004 for approximately $26M (plus contingent up to ~$4M). A $38.0M impairment was recorded in Q4 2003 with assets classified as held for sale. No employee count disclosed; Silverstone-related obligations retained.
2003-12-31acquisition_additioncompleted2003-01-012003-06-30Not disclosedAdvertising and specialized marketing servicesUSD 4 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Two purchase-accounting acquisitions completed in the first half of 2003 for aggregate consideration of $4.0M; filing states neither acquisition was significant. No headcount added disclosed.
2003-12-31restructuringin_progress2,9002003-04-012004-06-30WorldwideUSD 176 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2003 Program. Severance for approx. 2,900 terminated employees and costs for vacating 55 offices. Total charges $175.6M ($163.2M for 2003 program, $12.4M for 2001 program). Substantially all actions to be completed by June 30, 2004.
2003-09-30restructuringin_progress2,2002003-04-012004-03-31Worldwide (US ~35%, UK ~15%, France ~10%, remainder rest of Europe, Asia, Latin America)All levels and functions across the CompanyUSD 142 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Nine-month pre-tax charge of $142.4 ($95.4 after tax): severance $103.4 and lease terminations $39.0. Announced in Q2 2003 in response to softness in demand; total expected pre-tax charges up to approximately $250.0 through first half of 2004. Severance relates to reduction in workforce of approximately 2,200 employees worldwide. Lease actions at ~35 locations substantially complete by March 31, 2004.
2003-09-30restructuringin_progress2003-04-012004-03-31USD 48 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Third-quarter 2003 restructuring charge of $48.0 under the 2003 program (severance $37.4, lease terminations $10.6); remaining liability at Sep 30, 2003 of $66.9. Further actions planned in Q4 2003 and first half of 2004.
2003-09-30restructuringin_progress2001-06-30USD 12 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2001 restructuring program (following True North acquisition) with total 2001 charges of $634.5; 2003 additional charge of $12.4 for lease terminations, remaining liability $86.0 at Sep 30, 2003.
2003-09-30divestiture_reductioncompleted2003-07-102003-07-10NFO WorldGroup (research); AMS group disbandedother
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of NFO WorldGroup to Taylor Nelson Sofres completed July 10, 2003; pre-tax gain of $99.1 ($89.1 net of tax). Headcount removed not disclosed. AMS group disbanded with remaining components becoming stand-alone agencies.
2003-09-30restructuringin_progress2,2002004-06-30WorldwideCompany-wide (all levels and functions)USD 142 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced during Q2 2003 (exact date not disclosed). Severance charge to date relates to a workforce reduction of approximately 2,200 employees; charge mix ~35% US, 15% UK, 10% France, remainder Europe/Asia/Latin America. Q3 charge was $48.0M; nine-month charge $142.4M ($95.4M after tax); total program expected up to ~$250.0M through first half of 2004. Also includes ~35 office locations to be vacated, substantially all by 2004-03-31.
2003-09-30divestiture_reductioncompleted2003-07-102003-07-10Not disclosedNFO WorldGroup (market research)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of NFO research unit to Taylor Nelson Sofres PLC completed 2003-07-10; NFO results reclassified to discontinued operations. Headcount removed through the sale is not disclosed in the filing.
2003-09-30restructuringin_progress2,2002003-04-012004-06-30WorldwideAll levels and functionsUSD 142 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2003 Program: Severance and lease terminations. Reduction of approx 2,200 employees. Total expected pre-tax charges up to $250M through first half of 2004. Charges recorded YTD: $142.4M ($103.4M severance, $39.0M lease terminations).
2003-09-30restructuringin_progress2001-06-01WorldwideAll levels and functionsUSD 12 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2001 Program: Ongoing costs related to True North acquisition restructuring. YTD charge of $12.4M primarily for additional losses on properties vacated.
2003-06-30restructuringin_progress1,4502003-04-012003-12-31Global (US ~35% of severance charge, UK ~15%, France ~10%, remainder rest of Europe, Asia, Latin America)All levels and functions across the Company: executive, regional and account management, administrative, creative and media productionUSD 94 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q2 2003 pre-tax charge of $94.4 ($61.6 after tax): severance $66.0 and lease terminations $28.4. Total program cost expected up to approximately $200.0 over several periods, with further actions in Q3 and Q4 2003. Cash payments of $88.6 expected: 2003 ($64.0), 2004 ($14.6), 2005 and thereafter ($10.0). Approximately 30 office locations to be vacated, substantially all actions complete by December 31, 2003. Expected operating cost savings of approximately $50 in 2003 and approximately $100 in 2004 and each year thereafter. Restructuring liability at June 30, 2003 was $158.0.
2003-06-30divestiture_reductioncompleted2003-05-142003-07-10GlobalNFO WorldGroup (research unit; former Advanced Marketing Services segment)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of NFO WorldGroup to Taylor Nelson Sofres PLC completed July 10, 2003 for $415.6 cash plus ~11.7 million TNS shares; NFO results classified as discontinued operations. Employee headcount transferred with the divestiture was not disclosed.
2003-06-30restructuringin_progress1,4502003-12-31WorldwideAll levels and functions across the Company: executive, regional and account management, administrative, creative and media productionUSD 94 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2003 program announced during Q2 2003 (exact date not disclosed); severance $66.0 and lease terminations $28.4 of the $94.4 pre-tax charge ($61.6 after tax); total program expected up to ~$200.0 over several periods; $88.6 of cash payments expected from the Q2 charge; severance split approximately 35% US, 15% UK, 10% France, remainder rest of Europe, Asia and Latin America; ~30 office locations to be vacated, substantially all actions by December 31, 2003, with further actions in Q3 and Q4 2003.
2003-06-30divestiture_reductioncompleted2003-05-142003-07-10NFO WorldGroup research unit (discontinued operations)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of NFO WorldGroup to Taylor Nelson Sofres PLC completed July 10, 2003 for $415.6 cash plus ~11.7 million TNS shares; announcement date is the Stock Purchase Agreement date; headcount removed not disclosed; in connection with the disposal, the Advanced Marketing Services group was disbanded.
2003-06-30restructuringin_progress1,4502003-04-012003-12-31WorldwideAll levels and functionsUSD 94 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reduction in workforce of approximately 1,450 employees worldwide. Includes severance and lease terminations. Substantially all actions to be completed by December 31, 2003.
2003-03-31restructuringannounced2003-05-15USD 200 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Planned program to permanently reduce costs via further headcount reductions and real estate consolidation; costs expected to approximate $200 million
2003-03-31restructuringin_progress2001-06-30USD 646 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
True North acquisition restructuring plan (severance, lease terminations); $645.6 charged in 2001 plus $12.1 in 2002; remaining liability $95.1 at March 31, 2003 ($10.6 severance, $84.5 lease/exit); $15.4 paid in Q1 2003
2003-03-31divestiture_reductionannounced2003-05-142003-08-31NFO WorldGroup (marketing intelligence)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Definitive agreement to sell NFO WorldGroup to Taylor Nelson Sofres for $400 cash plus ~$25 in TNS shares and up to $10 additional cash; expected pre-tax gain ~$100; NFO Q1 2003 revenue $117.3, net loss $0.6; headcount not disclosed
2003-03-31restructuringannounced2003-03-31GlobalCompany-wideUSD 200 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company planned a restructuring program to permanently reduce costs through further headcount reductions and real estate consolidation; expected costs approximately $200 million. No employee count disclosed.
2003-03-31restructuringin_progress2001-06-30GlobalCompany-widerestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-True North acquisition restructuring plan; remaining liability of $95.1 million at March 31, 2003 (severance $10.6M, lease termination $84.5M). No employee count disclosed for remaining actions.
2003-03-31restructuringin_progress2003-03-31GlobalAll segmentsUSD 200 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Company planning to execute a restructuring program to reduce costs permanently through further headcount reductions and real estate consolidation. Expected costs approximate $200 million.
2003-03-31restructuringin_progress2001-06-30GlobalAll segmentsUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Cash paid for restructuring and merger related costs (severance and lease termination) during the three months ended March 31, 2003 was $15.4 million. Remaining liability at March 31, 2003 was $95.1 million.
2002-12-31restructuringin_progress7,0002001-06-222003-09-30Global (approximately half US, one-third Europe, remainder Latin America and Asia Pacific)Company-wide (severance and lease terminations across approximately 180 offices)USD 12 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program initiated after the June 2001 True North acquisition. The ~7,000 terminated employees and ~180 vacated offices are cumulative through fiscal year-end; the $12.1M charge is the fiscal 2002 addition (Q3 2002, driven by higher lease-loss estimates). Remaining severance liabilities expected paid through Q3 2003; lease liabilities paid over up to five years.
2002-12-31divestiture_reductionannounced2003-01-15GlobalAdvanced Marketing Services — NFO WorldGroup (marketing intelligence)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Company hired outside advisors to explore a sale of NFO and was in discussions; no headcount impact quantified. Remaining AMS components would be realigned to other operating groups if a sale occurs.
2002-12-31plant_closureannouncedPrimarily United KingdomInterpublic Sports & Entertainment Group — Octagon Motorsports (racing circuit facilities)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Independent advisors retained to evaluate exit strategies for Octagon Motorsports; remaining long-lived asset book value of approximately $70 million plus about $30 million of committed capital expenditures may not be fully recoverable. No employee count disclosed; announcement date not stated.
2002-12-31restructuringannounced2003-02-14United States (New York)The Partnership — Bozell unit merged into Lowe & Partners Worldwide New York officesubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Resulting agency to be known as Lowe New York; the Bozell brand will be discontinued. No headcount impact disclosed.
2002-12-31otherannounced2003-02-27GlobalCorporate leadership and McCann-Erickson WorldGroupsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
David A. Bell named Chairman and CEO of the Company; John J. Dooner Jr. moved to Chairman and CEO of McCann; James R. Heekin left the Company. Executive-level change only; no broader headcount impact disclosed.
2002-12-31restructuringin_progress7,0002001GlobalUSD 646 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2001 restructuring plan initiated following True North acquisition. 7,000 employees terminated. Majority of severance liabilities expected to be paid through Q3 2003. Lease terminations paid over up to five years.
2002-09-30restructuringin_progress7,0002001-06-30Global (approximately half U.S.; one third Europe, principally UK, France and Germany; remainder Latin America and Asia Pacific)All levels and functions: executive, regional and account management, administrative, creative and media production personnelUSD 12 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan initiated following the June 2001 True North acquisition; cumulative 2001 charges were $645.6 million. Approximately 7,000 employees terminated as of September 30, 2002 (cumulative, not quarterly). Q3 2002 charge of $12.1 million driven largely by increased lease-loss estimates due to lower-than-anticipated sublease income in San Francisco, Chicago, Paris and London. Remaining liability at September 30, 2002: $143.0 million ($30.2 million severance; $112.8 million lease termination and other exit costs). Approximately 180 locations downsized or vacated; remaining lease liabilities payable over up to five years.
2002-09-30restructuringin_progress7,000Global (approximately half U.S., one third Europe, remainder Latin America and Asia Pacific)All levels and functions across the CompanyUSD 12 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative count of approximately 7,000 employees terminated as of 2002-09-30 under the restructuring plan initiated after the June 2001 True North acquisition; exact announcement date not disclosed. Charge shown is the additional Q3 2002 charge (mainly higher lease-loss estimates); total 2001 plan charges were $645.6M. Remaining liability $143.0M at 2002-09-30; severance expected to be paid largely over the next year, lease termination liabilities over up to five years. Approximately 180 office locations downsized or vacated.
2002-09-30restructuringin_progress7,0002001-06-01GlobalAll levels and functionsUSD 12 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
As of September 30, 2002, the Company has terminated approximately 7,000 employees in connection with the restructuring plan initiated following the True North acquisition in June 2001. The plan includes severance, lease terminations, and other actions. An additional charge of $12.1 million was recorded in Q3 2002 largely due to increases in estimates of lease losses.
2002-06-30restructuringin_progress7,5002002-09-30Global (approx. half U.S., one third Europe — principally UK, France, Germany; remainder Latin America and Asia Pacific)All levels and functions: executive, regional and account management, administrative, creative and media productionUSD 646 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan initiated following the June 2001 True North acquisition; total 2001 charges of $645.6 covered severance, lease terminations and other actions. Remaining liability at June 30, 2002: severance $59.8, lease termination and other exit costs $117.7, total $177.5; $133.6 cash paid through June 30, 2002. Majority of severance actions have occurred, remainder by end of September; severance paid over up to one year.
2002-06-30plant_closurein_progress2002-09-30Global (distribution similar to severance charges)Office downsizing/vacatingUSD 157 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 180 locations to be downsized or vacated; leases terminated, premises vacated or subleased by September 30, 2002. Cash portion paid over up to five years; includes write-offs of abandoned leasehold improvements. Balance at Dec 31, 2001 for lease termination and other exit costs was $157.1.
2002-06-30restructuringin_progress7,5002002-09-30United States; Europe (principally UK, France, Germany); Latin America; Asia PacificAll levels and functions — executive, regional and account management, administrative, creative and media productionUSD 646 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated after the June 2001 True North acquisition; no specific announcement date given. Total 2001 charges were $645.6M; remaining liability was $177.5M at 2002-06-30 after $133.6M of cash paid. Geographic split is narrative only (about half US, one third Europe, remainder Latin America/Asia Pacific) with no separate counts, so one consolidated record is emitted. Majority of severance actions already occurred; remainder to occur by end of September 2002. Approximately 180 office locations to be downsized or vacated, with all leases terminated, vacated or subleased by 2002-09-30.
2002-06-30acquisition_additioncompletedUnited States; EuropeHealthcare, public relations, direct marketing and researchbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Eight acquisitions completed during the first six months of 2002; no headcount added disclosed. Cash paid of $43.1M plus $1.1M in shares, plus $2.0M cash and $0.8M stock for additional ownership interests.
2002-06-30restructuringin_progress7,5002001-06-012002-09-30Global (US, Europe, Latin America, Asia Pacific)All levels and functionsUSD 646 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Program initiated following True North acquisition in June 2001. Majority of severance actions occurred; remainder expected by end of September 2002. Includes severance, lease terminations, and other exit costs.
2002-03-31restructuringin_progress6,8002002-06-30Global (approx. half U.S.; one third Europe — UK, France, Germany; remainder Latin America and Asia Pacific)All levels and functions: executive, regional and account management, administrative, creative and media productionUSD 646 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan initiated after the June 2001 True North acquisition; total 2001 charges of $645.6 covered severance, lease terminations and other exit actions. Remaining liability at March 31, 2002 was $229.8 (severance $94.4; lease termination and other exit costs $135.4); $81.3 in cash paid during the quarter. Remaining terminations expected by mid-2002; lease cash payments over up to five years.
2002-03-31reduction_in_forcein_progress6,2002002-06-30Global (approx. half U.S.; one third Europe — UK, France, Germany; remainder Latin America and Asia Pacific)All levels and functions across the Companyrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Of the ~6,800 identified terminations, approximately 6,200 had been terminated as of March 31, 2002 per Note 2; the MD&A restructuring discussion states approximately 6,300 terminated — minor internal discrepancy in the filing. Remaining terminations expected by mid-2002.
2002-03-31restructuringin_progress6,8002001-062002-06-30Global (approximately half United States, one third Europe (principally UK, France, Germany), remainder Latin America and Asia Pacific)All levels and functions across the Company (executive, regional and account management, administrative, creative and media production)USD 646 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated following completion of the True North acquisition in June 2001 (only month stated in filing). Approximately 6,200 of the 6,800 identified employees had been terminated as of 2002-03-31 per the footnote (MD&A states approximately 6,300); remainder expected terminated by mid-2002. Total 2001 charges were $645.6M; remaining liability at 2002-03-31 was $229.8M (severance $94.4M, lease termination and other exit costs $135.4M), with $81.3M paid in cash through 2002-03-31. Program also includes downsizing or vacating approximately 180 office locations, with lease terminations/subleases expected complete by mid-2002 and cash payouts over up to five years.
2002-03-31restructuringin_progress6,8002001-06-012002-06-30Global (US, Europe, Latin America, Asia Pacific)All levels and functionsUSD 646 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan initiated following True North acquisition in June 2001. As of March 31, 2002, approx. 6,200 of 6,800 identified employees had been terminated. Remaining expected to be terminated by mid-2002. Total charges incurred in 2001 were $645.6 million.
2001-12-31restructuringin_progress6,8002001-09-302002-06-30United States, Europe (principally UK, France, Germany), Latin America, Asia PacificAll levels and functions: executive, regional and account management, administrative, creative and media productionUSD 298 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance component of a $645.6M total restructuring program (incl. $310.9M lease termination/exit and $37.2M transaction costs) initiated after the June 2001 True North acquisition; approximately 5,200 of the 6,800 identified employees had been terminated by 2001-12-31, remainder expected by mid-2002. Roughly half of reductions in the U.S., one third in Europe, remainder in Latin America/Asia Pacific; no separate counts disclosed by geography. Program announced in Q3 2001 (exact date not given).
2001-12-31plant_closurein_progress2001-09-302002-06-30United States, Europe (principally UK, France, Germany), Latin America, Asia PacificCorporate officesUSD 311 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Downsizing or vacating approximately 180 offices as part of the same 2001 restructuring program; charge is lease termination and other exit costs net of estimated sublease income, including write-offs of abandoned leasehold improvements. Cash portion payable over up to five years; $55.2M cash paid in 2001, $98.6M non-cash, $157.1M liability at year-end. No headcount attributed separately to office closures.
2001-12-31acquisition_additioncompleted2001-06-222001-06-22GlobalAdvertising and communication services (True North Communications Inc.)USD 1,631 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pooling-of-interests acquisition completed 2001-06-22; approximately 58.2 million shares issued with a value of about $1,631M. MD&A states the acquisition increased the size of the Company's operations by approximately 25%; no employee headcount for True North is disclosed.
2001-12-31divestiture_reductioncompleted2001-12-31United States and EuropeNon-core marketing services affiliatesrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
22 operations disposed of through sale or closure during 2001; operating results stated to be immaterial. No headcount removed is disclosed.
2001-12-31restructuringin_progress6,8002001-06-222002-06-30GlobalAll levels and functionsUSD 298 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Severance and termination costs related to approximately 6,800 employees. As of Dec 31, 2001, approx 5,200 terminated. Remaining expected to be terminated by mid-2002. Includes US, Europe, Latin America, and Asia Pacific.
2001-12-31restructuringin_progress2001-06-222002-06-30GlobalOffice LeasesUSD 311 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Lease termination and other exit costs related to downsizing or vacating approx 180 offices. Cash portion paid over up to 5 years.
2001-12-31restructuringin_progress6,8002002-06-30Global (approximately half U.S., one third Europe, remainder Latin America and Asia Pacific)All levels and functions across the Company (executive, regional and account management, administrative, creative and media production)USD 646 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program initiated following the June 2001 True North acquisition and announced in Q3 2001; total charge $645.6 ($446.5 net of tax), of which severance and termination costs were $297.5. Approximately 5,200 of the 6,800 identified employees had been terminated as of December 31, 2001; remainder expected by mid-2002. Also includes downsizing or closure of approximately 180 offices.
2001-12-31acquisition_additioncompleted2001-06-222001-06-22GlobalAdvertising and communication services (True North Communications Inc.)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pooling of interests; approximately 58.2 million shares issued. Filer states the acquisition increased the size of the Company's operations by approximately 25%; no employee headcount for the acquired workforce is disclosed.
2001-12-31otherin_progressGlobalMcCann-Erickson WorldGroup and other subsidiariesother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Following the restatement reviews, the Company stated it is terminating certain employees and making other personnel changes to strengthen control processes; no headcount or timing quantified.
2001-12-31restructuringin_progress6,8002002-06-30Worldwide (approximately half U.S., one third Europe, remainder Latin America and Asia Pacific)All levels and functions across the CompanyUSD 298 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Plan initiated following the True North acquisition completed 2001-06-22; no specific announcement date given. Approximately 5,200 of the 6,800 identified employees had been terminated by 2001-12-31; remainder expected by mid-2002. Severance component of the $645.6 total 2001 restructuring charge.
2001-12-31plant_closurein_progress2002-06-30Worldwide (geographic distribution similar to severance charges)Corporate officesUSD 311 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Downsizing or closure of approximately 180 offices; charge covers lease terminations, abandoned leasehold improvements and exit costs, net of estimated sublease income. Cash portion payable over up to five years. Shares announcement timing with the severance program.
2001-12-31acquisition_additioncompleted2001-06-222001-06-22WorldwideAdvertising and communication services (True North Communications Inc.)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pooling of interests; 58.2 million shares issued. Filer states the acquisition increased the size of the Company's operations by approximately 25%; no employee headcount added is disclosed.
2001-12-31divestiture_reductioncompleted2001-12-31United States and EuropeNon-core marketing services affiliatesother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
22 operations disposed of through sale or closure during 2001; operating results stated as immaterial. No headcount associated with the dispositions is disclosed.
2001-09-30restructuringin_progress6,8002001-06-222001-12-31Global (approx. half US, one third Europe - principally UK, France, Germany; remainder Latin America and Asia Pacific)All levels and functions: executive, regional and account management, administrative, creative and media productionUSD 646 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Wide-ranging restructuring plan following True North acquisition (pooling of interests, completed June 22, 2001). Total charge $645.6M ($446.5M net of tax): $52.8M recorded through Q2 2001 and $592.8M in Q3 2001. Components: severance and termination costs $297.5M, lease termination and related costs $257.6M, other exit costs $53.3M, transaction costs $37.2M. Cash paid through Q3: $87.5M; non-cash items $104.3M; liability at Sept 30, 2001: $453.8M. Charge exceeded original July 2001 estimate of $500M due to revenue deterioration requiring greater headcount reductions and office closings. Severance relates to approximately 6,800 employees who have been or will be terminated.
2001-09-30plant_closurein_progress2001-06-222001-12-31Global (geographically spread similar to severance charges)Office locationsUSD 258 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 180 office locations to be vacated as part of the restructuring, with substantially all actions completed by December 31, 2001. Lease termination costs, net of estimated sublease income, include write-offs for abandonment of leasehold improvements; cash portion payable over up to five years. Liability at Sept 30, 2001: $177.1M; non-cash items $77.5M.
2001-09-30restructuringin_progress6,8002001-06-222001-12-31Global (approximately half US; one third Europe, principally UK, France, Germany; remainder Latin America and Asia Pacific)All levels and functions — executive, regional and account management, administrative, creative and media productionUSD 298 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and termination component of a broader post-True North restructuring program; total program charge $645.6M ($446.5M net of tax), of which $592.8M was recorded in Q3 2001. Program exceeded the original July 2001 estimate of $500M due to revenue deterioration. Severance cash paid through Q3 was $51.0M, leaving a $246.5M liability at 2001-09-30. Filer states approximately 6,800 employees have been or will be terminated; no total workforce figure is disclosed, so no percent-of-workforce can be computed.
2001-09-30plant_closurein_progress2001-06-222001-12-31Global — offices geographically spread in a similar manner to the severance charges (US, Europe, Latin America, Asia Pacific)Corporate and office locationsUSD 258 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 180 office locations to be vacated, with substantially all actions completed by 2001-12-31; the cash portion of the charge will be paid over up to five years. Charge is net of estimated sublease income and includes write-offs of abandoned leasehold improvements. Cash paid through Q3 was $3.0M, non-cash $77.5M, liability $177.1M at 2001-09-30. Employee count associated with the closures is not separately disclosed.
2001-09-30acquisition_additioncompleted2001-06-222001-06-22GlobalAdvertising and specialized marketing communicationsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of True North Communications Inc. completed 2001-06-22, accounted for as a pooling of interests; approximately 59 million common shares issued. Headcount added through the transaction is not disclosed. Prior-period financials were restated to include True North.
2001-09-30restructuringin_progress6,8002001-06-222001-12-31Global (US, Europe, Latin America, Asia Pacific)All levels and functionsUSD 646 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes severance, lease terminations, and other exit costs. Approximately half of headcount reductions relate to the US, one third to Europe, remainder to Latin America and Asia Pacific.
2001-06-30restructuringin_progress3,5002001-06-22WorldwideCompany-wide (True North integration, business realignment, productivity initiatives)USD 500 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan includes severance, lease termination and other costs including direct merger costs; majority of charges expected in Q3 2001; also involves combining or closing approximately 75 offices worldwide.
2001-06-30reduction_in_forcein_progress602001-06-22United StatesTrue North corporate officerestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Employees notified of termination due to expected closure of the True North corporate office; severance cost included in the $51.3 million Q2 2001 restructuring and merger-related charge.
2001-06-30restructuringin_progress2001-06-22WorldwideCompany-wideUSD 51 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q2 2001 charge; approximately $32.4 million relates to True North transaction and other costs, remainder largely severance from True North corporate office closure.
2001-06-30acquisition_additioncompleted2001-06-222001-06-22GlobalAdvertising and marketing servicesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pooling-of-interests stock acquisition; approximately 59 million shares issued. Employee headcount added not disclosed.
2001-06-30restructuringin_progress3,5002001-06-222001-09-30GlobalAll divisionsUSD 500 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately $500M total charges including merger direct costs; majority expected in Q3 2001; involves combining or closing approximately 75 offices worldwide.
2001-06-30restructuringin_progress602001-06-222001-09-30United StatesTrue North corporate officeUSD 51 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q2 2001 charge of $51.3M includes ~$32.4M True North transaction costs; ~60 True North corporate employees notified of termination due to expected office closure. Subset of the broader ~3,500-person restructuring plan.
2001-06-30restructuringin_progress3,5002001-06-30WorldwideUSD 500 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan involves reducing workforce by approx. 3,500 personnel and closing approx. 75 offices. Majority of charges expected in Q3 2001.
2001-06-30restructuringcompleted602001-06-30True North Corporate OfficeCorporateUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance actions due to expected closure of True North corporate office. Total Q2 restructuring costs were $51.3M, of which $32.4M related to transaction costs.
2001-03-31acquisition_additionannounced2001-03-192001-06-30GlobalAdvertising and communications servicesother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire True North Communications; to be accounted for as pooling of interests; expected to close mid-year 2001. No employee count disclosed. Restructuring and integration costs expected but not yet quantified.
2001-03-31restructuringcompleted2000-09-30GlobalLowe Lintas & Partners WorldwideUSD 36 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Prior-year restructuring of Lowe Lintas referenced for comparability; $36.1M pre-tax ($20.7M net of tax), completed by Q3 2000. No employee count disclosed. Included here only as context; occurred in Q1 2000, not the current period.
2001-03-31restructuringcompleted2000-09-30WorldwideLowe Lintas & Partners WorldwideUSD 36 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Pre-tax restructuring costs of $36.1 million recognized in Q1 2000; total restructuring completed by Q3 2000.
2001-03-31otherannounced2001-03-19GlobalAdvertising and communications servicessubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Agreement to acquire True North Communications Inc. announced; restructuring and integration costs expected but not finalized.
2000-12-31restructuringcompleted3601999-10-012000-09-30United States and several European countriesLowe Lintas & Partners Worldwide — management, administrative, account management, creative and media production personnelUSD 116 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charge of $116.1M ($72.9M net of tax) for FY2000; $84M cash portion. Approximately 360 employees terminated or notified of termination. Program related to merger of Lowe & Partners Worldwide and Ammirati Puris Lintas into Lowe Lintas & Partners Worldwide; all restructuring activities completed as of September 30, 2000. Remaining severance payable in 2001.
2000-12-31acquisition_additioncompletedGlobalMultiple — 77 companies acquired in 2000business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
77 companies acquired in 2000 (74 purchase method, 3 pooling of interests including NFO Worldwide in April 2000 and Deutsch in November 2000). Headcount added through acquisitions not separately disclosed. Total workforce grew from 42,600 (1999) to 48,200 (2000) per Selected Financial Data.
2000-12-31restructuringcompleted3601999-102000-09-30United States and several European countriesLowe Lintas & Partners WorldwideUSD 32 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Severance and termination costs recorded in 2000 relate to approximately 360 employees terminated or notified. Activities completed as of September 30, 2000.
2000-09-30restructuringcompleted3601999-102000-09-30Approximately 24 cities in 22 countries; principally U.S. and several European countriesLowe Lintas & Partners Worldwide (merger of Lowe & Partners Worldwide and Ammirati Puris Lintas)USD 88 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Merger of two advertising networks announced October 1999; all restructuring activities completed as of September 30, 2000. Year-to-date 2000 expense of $87.8 million includes $32.0 million severance and termination costs, $14.2 million fixed asset write-offs, $21.1 million lease termination costs, and $20.5 million investment write-offs and other. Severance relates to approximately 360 employees terminated or notified of termination, including management, administrative, account management, creative and media production personnel. Reserve balance at 9/30/00 was $68.3 million.
2000-09-30restructuringcompleted3601999-102000-09-30United States and EuropeLowe Lintas & Partners Worldwide — management, administrative, account management, creative and media productionUSD 32 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Merger of Lowe & Partners Worldwide and Ammirati Puris Lintas into Lowe Lintas & Partners Worldwide, consolidating operations across ~24 cities in 22 countries. Severance recognized YTD through 2000-09-30; all restructuring activities completed as of quarter-end. Total YTD restructuring charge was $116.1M pre-tax across all components.
2000-09-30acquisition_additioncompleted2000-04-20NFO Worldwide, Inc. — research-based marketing informationbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
NFO acquired April 2000 via pooling of interests; approximately 12.6 million shares issued. No headcount figure disclosed for acquired workforce.
2000-09-30restructuringcompleted3601999-102000-09-30U.S. and several European countriesLowe Lintas & Partners WorldwideUSD 32 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance and termination costs for approx. 360 employees terminated or notified of termination. Includes management, administrative, account management, creative and media production personnel. Restructuring activities completed as of Sept 30, 2000.
2000-09-30acquisition_additioncompleted2000-04WorldwideNFO Worldwide, Inc.business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of NFO Worldwide, Inc. accounted for as pooling of interests. Headcount not explicitly disclosed.
2000-09-30acquisition_additioncompleted2000VariousNationwide Advertising Services, Waylon Promotions, Inc., Caribiner International, Inc.business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Several other acquisitions accounted for as purchases. Headcount not explicitly disclosed.
2000-06-30restructuringin_progress3601999-10-01United States and several European countriesLowe Lintas & Partners WorldwideUSD 74 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Merger of Lowe & Partners Worldwide and Ammirati Puris Lintas announced October 1999; consolidation across roughly 24 cities in 22 countries. Severance and termination costs recorded in 2000 relate to approximately 360 employees terminated or notified of termination, including management, administrative, account management, creative and media production personnel. YTD pre-tax costs of $74.4 million, of which $53.8 million were cash charges; substantially all restructuring activities complete except some real estate and other activities principally in Germany.
2000-06-30restructuringin_progress3601999-10-01United States and EuropeLowe Lintas & Partners Worldwide (advertising network merger)USD 74 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
YTD pre-tax restructuring costs of $74.4M through June 30, 2000, of which $53.8M were cash charges. Approximately 360 employees terminated or notified of termination across management, administrative, account management, creative, and media production roles. Substantially all activities complete except real estate matters in Germany.
2000-06-30acquisition_additioncompleted2000-04-202000-04-20United StatesNFO Worldwide, Inc. (research-based marketing information)USD 14 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pooling of interests completed April 20, 2000; approximately 12.6 million shares issued. $14.4M in cash transaction costs recorded in Q2 2000. Headcount added not disclosed.
2000-06-30acquisition_additioncompleted2000-06-302000-06-30United StatesNationwide Advertising Services and Caribiner International Communications Divisionbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Accounted for as purchases during Q2 2000. Headcount added not disclosed.
2000-06-30restructuringin_progress3601999-10-012000-06-30U.S. and several European countriesLowe Lintas & Partners WorldwideUSD 38 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Pre-tax restructuring costs of $38.4M recognized in Q2 2000 related to merger of Lowe & Partners Worldwide and Ammirati Puris Lintas. Includes severance for approx. 360 employees terminated or notified.
2000-03-31restructuringin_progress2651999-10-01United States and several European countriesLowe Lintas & Partners Worldwide (merger of Lowe & Partners Worldwide and Ammirati Puris Lintas)USD 14 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Severance and termination costs recognized in Q1 2000 relate to approximately 265 employees terminated or notified of termination, including management, administrative, account management, creative and media production personnel. Restructuring announced October 1999; substantially all activity in the U.S., U.K. and most European and Latin American countries completed as of filing date. Total Q1 pre-tax restructuring charge was $36.1 million ($20.7 million net of tax), including $20.3 million cash costs; remaining pre-tax costs expected of $50-$70 million, principally for Germany and several smaller markets.
2000-03-31restructuringin_progress1999-10-012000-12-31Germany and several smaller marketsLowe Lintas & Partners Worldwiderestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Remaining pre-tax restructuring costs to complete the network merger estimated at $50-$70 million, in line with original plan, focused principally on finalizing the restructuring in Germany and several smaller markets.
2000-03-31divestiture_reductionin_progress2000-06-30Asia and EuropeLowe Lintas & PartnersUSD 9 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Decision to sell or abandon 2 businesses located in Asia and Europe; $9.3 million write-off recorded in 2000 based on difference between estimated sales proceeds and carrying value of related assets. Businesses represent an immaterial portion of Lowe Lintas & Partners revenue and operations; sales or closures expected to be completed by mid-2000.
2000-03-31restructuringin_progress2651999-10United States, United Kingdom, Europe, Latin AmericaLowe Lintas & Partners Worldwide (advertising network)USD 36 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Merger of Lowe & Partners Worldwide and Ammirati Puris Lintas announced Oct 1999. Q1 2000 charge of $36.1M pre-tax ($20.7M net of tax) includes $20.3M cash costs. Severance relates to ~265 employees terminated or notified of termination across management, admin, account, creative, and media roles. Remaining pre-tax costs estimated at $50–70M, focused on Germany and smaller markets. Substantially all restructuring in US, UK, and most European/Latin American countries completed as of filing.
2000-03-31acquisition_additionannounced2000-04-202000-04-20NFO Worldwide, Inc. (market research)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition completed April 20, 2000 as pooling of interests; approximately $180M in debt assumed. No headcount disclosed. Results not included in Q1 2000 financial statements.
2000-03-31acquisition_additionannounced2000-04-202000-04-20Communications Division of Caribiner International, Inc.USD 90 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Substantial assets acquired April 20, 2000 for approximately $90M in cash; accounted for as a purchase. No headcount disclosed. Results not included in Q1 2000 financial statements.
2000-03-31restructuringin_progress2651999-10-012000-12-31U.S., U.K., Europe, Latin America, GermanyManagement, administrative, account management, creative and media productionUSD 36 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger of Lowe & Partners Worldwide and Ammirati Puris Lintas. 265 employees terminated or notified. Pre-tax costs of $36.1M recognized in Q1 2000. Remaining costs estimated at $50-70M.
1999-12-31restructuringin_progress2301999-102000-06-30United States and United KingdomLowe Lintas & Partners Worldwide (advertising network merger)USD 45 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance portion of $84.2M total 1999 pre-tax restructuring charge; full program expected to cost $170–190M pre-tax. Approximately 230 employees terminated or notified of termination, including substantially all senior executives affected. Remaining charges expected in first two quarters of 2000.
1999-12-31restructuringin_progress2301999-10-012000-06-30United States and United KingdomExecutive, regional management, administrative, account management, creative, and media productionUSD 45 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Part of Lowe Lintas merger. Severance charge of $44.9 million relates to approx. 230 employees terminated or notified. Total pre-tax restructuring cost expected $170-$190 million.
1999-09-30restructuringannounced1999-10-29Advertising agency networks (Ammirati Puris Lintas; Lowe & Partners Worldwide)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter announcement merging two agency networks into Lowe Lintas & Partners Worldwide; no headcount or charge disclosed, financial implications still being assessed.
1999-09-30acquisition_additionannounced1999-11-09United KingdomMotorsport event promotion and leisure venuessubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Offer to acquire Brands Hatch Leisure Plc announced post-quarter; Form S-4 filed same date; no employee count disclosed.
1998-09-30acquisition_additioncompleted1998-04business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired Hill, Holliday, Connors, Cosmopulos Inc., The Jack Morton Company, and Carmichael Lynch Inc. in April 1998 via stock issuance; accounted for as poolings of interests. Headcount not disclosed.
1998-09-30acquisition_additioncompleted1998-07-20business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired a company on July 20, 1998, issuing 152,760 shares valued at $9.2 million. Headcount not disclosed.
1998-09-30acquisition_additioncompleted1998-09-17business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired 80% of a company on September 17, 1998, issuing 16,452 shares valued at $800,000. Headcount not disclosed.
1998-09-30acquisition_additionannounced1998-10subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Effective October 1998, acquired International Public Relations, plc. Headcount not disclosed.
1998-06-30acquisition_additioncompleted1998-04-02United StatesAdvertising agencyUSD 115 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition consideration valued at $115,000,000; paid with 2,062,434 shares of common stock. Shares issued under Rule 506 of Regulation D. Headcount added not disclosed.
1998-06-30acquisition_additioncompleted1998-04-09United StatesUSD 6 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Consideration of $4.5 million cash plus 23,833 shares (market value $1,500,000 at issuance). Not included in the pooled-acquisition share total. Headcount added not disclosed.
1998-06-30acquisition_additioncompleted1998-04-16United StatesAdvertising agency (Carmichael Lynch Inc.)USD 31 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Carmichael Lynch Inc.; 486,904 shares issued, market value $30,528,884 at issuance; accounted for as a pooling of interests. Headcount added not disclosed.
1998-06-30acquisition_additioncompleted1998-04-30United StatesAdvertising agency (The Jack Morton Company)USD 136 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
The Jack Morton Company; 2,135,996 shares issued, market value $136,437,000 at issuance; accounted for as a pooling of interests. Headcount added not disclosed.
1998-06-30acquisition_additionannounced1998-07-011998-10-31Public relations firmsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
In July 1998 the Company announced intent to acquire a public relations firm, expected to become effective in early October 1998. Announcement date recorded as 1998-07-01 (month known, day not specified); completion date approximated to end of the stated month range.
1998-06-30acquisition_additioncompleted1998-04-02USD 115 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Hill, Holliday, Connors, Cosmopulos Inc. valued at $115M; headcount not disclosed.
1998-06-30acquisition_additioncompleted1998-04-09USD 5 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition involving $4.5M cash and stock; headcount not disclosed.
1998-06-30acquisition_additioncompleted1998-04-16USD 31 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Carmichael Lynch Inc. valued at ~$30.5M; headcount not disclosed.
1998-06-30acquisition_additioncompleted1998-04-30USD 136 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of The Jack Morton Company valued at ~$136.4M; headcount not disclosed.
1998-06-30acquisition_additionannounced1998-071998-10subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Announced intention to acquire a public relations firm effective early October 1998.
1998-03-31acquisition_additioncompleted1998-01-09Advertising and communicationsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of a small company settled with 19,990 shares ($1,000,000 market value); headcount added not disclosed.
1998-03-31acquisition_additioncompleted1998-02-13Advertising and communicationsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition settled with 113,331 shares ($6,500,000 market value); headcount added not disclosed.
1998-03-31acquisition_additioncompleted1998-02-24Advertising and communicationsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition settled with 43,716 shares ($2,200,000 market value); headcount added not disclosed.
1998-03-31acquisition_additioncompleted1998-03-23Advertising and communicationsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition settled with 136,148 shares ($7,500,000 market value); headcount added not disclosed.
1998-03-31acquisition_additionannounced1998-04-01Advertising and communicationssubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
April 1998 issuance of approximately 4.7 million shares to acquire several advertising and communications companies; exact date and headcount not disclosed.
1997-12-31acquisition_additioncompletedUnited States and internationalMarketing communicationsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Company completed multiple 1997 acquisitions (aggregate purchase price $301 million); no headcount added through acquisitions is disclosed.
1996-12-31acquisition_additioncompleted1996-06-251996-06-25United StatesDirect Marketingbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of 100% of DraftDirect Worldwide, Inc. for 1,824,609 shares of common stock; described as one of the most significant 1996 acquisitions. Headcount added not disclosed.
1996-12-31acquisition_additioncompletedUnited StatesAdvertisingbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of The Weber Group for 330,664 shares of common stock; accounted for as pooling of interests. Headcount added not disclosed.
1996-12-31acquisition_additioncompletedUnited StatesAdvertisingbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Torre Renta Lazur for 191,291 shares of common stock; pooling of interests. Headcount added not disclosed.
1996-12-31acquisition_additioncompletedUnited StatesAdvertisingUSD 4 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase of Angotti Thomas Hedge for approximately $4 million (cash $3.4M plus 14,767 shares). Headcount added not disclosed.
1996-12-31acquisition_additioncompletedUnited StatesAdvertisingUSD 4 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase of Jay Advertising for $3.8 million cash plus 30,012 shares. Headcount added not disclosed.
1996-12-31acquisition_additioncompletedUnited StatesMedia ServicesUSD 7 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Media Inc. for $7 million cash. Headcount added not disclosed.
1996-12-31acquisition_additioncompletedUnited StatesHealthcare AdvertisingUSD 10 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of McAdams Healthcare for $10.3 million cash. Headcount added not disclosed.
1996-12-31divestiture_reductioncompletedUnited StatesTelevision ProductionUSD 29 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of 50% investment in Mark Goodson Productions for approximately $29 million. Headcount removed not disclosed.
1996-12-31divestiture_reductioncompletedUnited StatesInteractive/DigitalUSD 38 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of part of 28% investment in CKS Group for $37.6 million. Headcount removed not disclosed.
1996-12-31divestiture_reductioncompletedUnited StatesMedia ServicesUSD 12 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of investment in Spotlink for $11.7 million in purchaser's stock. Headcount removed not disclosed.
1996-12-31restructuringcompleted6001994-Q41996-12-31GlobalVariousUSD 49 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Involuntary terminations of approximately 600 employees resulting from merger of Lintas New York and Ammirati & Puris agencies and international offices. Charges recorded in 1994; remaining liability paid in 1996.
1996-09-30acquisition_additioncompleted1996-06-30DraftDirect Worldwide, Inc.MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company issued 1,824,609 shares (about $84.8 million) for all DraftDirect Worldwide stock, accounted for as a pooling of interests; no employee headcount added is disclosed. Transaction closed in June 1996, before the quarter covered by this filing.
1995-12-31restructuringin_progress6001994-10-011996-03-31United States and InternationalLintas New York / Ammirati & Puris merger and international officesUSD 49 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Charges recorded Q4 1994; ~600 involuntary terminations in 1994. 1995 activity: $27.8M cash payments made; $1.3M severance liability remaining at 1995-12-31, expected paid Q1 1996. Salary cost reduction of ~$18.2M realized in 1995.
1995-12-31acquisition_additioncompleted1995-11-101995-11-10United StatesAdvertising agency (New York and San Francisco)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Anderson & Lembke, Inc. acquired effective November 10, 1995; headcount not disclosed
1995-12-31acquisition_additioncompleted1995-06-291995-06-29United StatesAdvertising agency (50% interest)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Campbell Mithun Esty LLC — 50% interest acquired June 29, 1995; headcount not disclosed
1995-12-31restructuringcompleted6001994-10-011995-12-31GlobalVariousUSD 38 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Involuntary terminations of approximately 600 employees resulting from the merger of Lintas New York and Ammirati & Puris agencies and various other international offices. Announced in Q4 1994. Cash payments of $27.8 million made during 1995.
1995-09-30restructuringin_progress1994-12-311995-12-31United States and international officesLintas New York / Ammirati & Puris merger and certain international officesUSD 49 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Q4 1994 restructuring to eliminate duplicate facilities and excess personnel; severance liability reduced from $27.6 million at year-end 1994 to $4.5 million at September 30, 1995; salary savings of approximately $14.1 million realized in the nine months ended September 30, 1995, with approximately $4.9 million of additional savings expected in the remainder of 1995. No employee headcount figures disclosed.
1995-09-30restructuringin_progress1994-10-01GlobalLintas New York, Ammirati & Puris, International officesUSD 49 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Restructuring charges recorded in Q4 1994 for elimination of duplicate facilities and excess personnel. Remaining severance liability was $4.5 million as of Sept 30, 1995. Salary savings of $5.2 million realized in Q3 1995 and $14.1 million YTD 1995.