WPP To Slash 3,500 Jobs And Consolidate More Agencies In Massive Restructure | AdExchanger

The new WPP, as CEO Mark Read called it during a Tuesday morning investor call in London, will return to organic growth by reducing headcount by about 2.5%, consolidating agencies and investing strategically in technology. WPP expects to deliver annual savings of $346 million by the end of 2021 tha…