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Layoff Alert! Dentsu Group to Slash 3,400 Foreign Jobs to Trim Cost
10 Articles
10 Articles
[Yomiuri Shimbun] On the 14th, the Dentsu Group announced that it had revised downward its earnings forecast for the fiscal year ending December 2025 (under International Financial Reporting Standards), predicting a final deficit of 75.4 billion yen. The main reason for this is the sluggish performance of its overseas business, and it also announced a plan to reduce staff. Previously, it had expected a profit of 10 billion yen.
Dentsu Plans to Cut 3,400 Jobs in Overseas Business to Trim Cost
Japanese advertising company Dentsu Group Inc. said it will cut about 3,400 jobs in markets outside of Japan, equivalent to 8% of its headcount in the region after reporting operating losses in the second quarter.
Dentsu to slash 3,400 overseas jobs in cost-cutting overhaul amid operating losses
New Delhi: Japanese advertising giant Dentsu Group Inc. announced plans to cut approximately 3,400 jobs in its international operations, representing 8% of its overseas workforce, as part of a cost-reduction strategy to address mounting financial losses. The decision, disclosed in a statement on August 14, follows a reported operating loss of ¥62 billion ($539 million) for the second quarter of 2025, driven by an ¥86 billion impairment loss due…
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