WPP cutting up to 1,000 more jobs by year-end, FT reports
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4 Articles
Advertising giant WPP set to axe 1,000 more jobs as AI reshapes the industry
British advertising group WPP plans to cut up to one thousand more jobs this year. This latest round adds to over eleven thousand job losses since early twenty twenty-five. The company is also offloading non-core businesses and surplus office space. Advertising industry-wide slowdown has seen eighteen thousand jobs cut across agencies. Executives say restructuring plans are increasingly designed with artificial intelligence tools in mind.
WPP cutting up to 1,000 more jobs by year-end, FT reports
Sept 1 (Reuters) - WPP is cutting up to 1,000 more jobs by year-end as Britain's biggest advertising group accelerates a restructuring programme under new chief Cindy Rose, the Financial Times reported on Tuesday, citing people familiar with the matt...
WPP, one of the world's largest advertising groups, is planning further layoffs of up to a thousand people by the end of the year as part of a restructuring. The reduction in the company's workforce highlights the transformation in advertising accelerated by artificial intelligence.
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