Ogilvy parent WPP to cut up to 1,000 more jobs by end-2026 in restructuring: report
The group reported better-than-expected first-half results earlier in August
WPP, Britain’s largest advertising group, plans to eliminate up to an additional 1,000 positions by the close of 2026 as part of its ongoing restructuring efforts, according to a report by the Financial Times. The company disclosed this news following the release of its better-than-expected first-half results in August, which was attributed to CEO Cindy Rose's strategic initiatives.
Rose introduced a plan in February aimed at reviving growth by 2027, with the objective of simplifying WPP's structure and integrating its creative agencies, including Ogilvy, VML, and AKQA, under a new "WPP Creative" umbrella. This approach seeks to leverage the potential of artificial intelligence to regain clients who have shifted to competitors like Publicis.
Since the beginning of 2025, WPP has downsized by approximately 11,000 employees, reducing its workforce to 97,388 as of June 30, 2026. The company did not immediately provide a response to a request for comment from Reuters.
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