WPP set to cut 1,000 more jobs
British advertising firm WPP intends to reduce its workforce by an additional 1,000 employees by the conclusion of 2026, according to a Financial Times report. This move is part of an accelerated restructuring process under the leadership of new CEO Cindy Rose. The company also plans to divest non-core businesses and surplus office space, sources close to the discussions revealed.
WPP has already laid off approximately 11,000 employees since the beginning of 2025, reducing its headcount to 97,388 as of June 30, 2026. The upcoming round of cuts is anticipated to further increase the total number of job losses. The move is seen as a response to a slowdown across the advertising industry, with at least 18,000 job cuts made by agencies including Omnicom, Dentsu, and WPP over the past 18 months.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.