WPP to cut up to 1,000 jobs by year-end amid AI-driven cost-cutting- FT

British advertising giant WPP plans to cut up to 1,000 more jobs by the end of 2026, as part of an AI-driven restructuring program spearheaded by CEO Cindy Rose, according to the Financial Times. The company, which employs 97,388 people as of June 30, 2026, will also be selling non-core businesses and downsizing its real estate assets.

This brings the total number of positions eliminated since the start of 2025 to approximately 11,000. The cuts are a response to a broader trend of industry-wide layoffs, driven by decreasing client spending and increased efficiency through AI technologies. WPP is also looking to reduce costs by consolidating its property holdings, currently spread across three locations in London, into two.