WPP Confirms More Cost-Cutting Measures as a Result of Covid-19 Impact

Q1 earnings report outlines next steps, including layoffs

mark read
WPP CEO Mark Read said the company will "see what's appropriate" at the end of Q2 as far as taking more cost-cutting measures. WPP

WPP announced its Q1 earnings today and, as expected, Covid-19 contributed to a revenue decline for the first three months of the year.

@ErikDOster erik.oster@adweek.com Erik Oster is an agencies reporter for Adweek.
{"title":"Recommended","post_types":["post","page"],"channel":"parsely","lineup_id":"54851","since_qty":226,"since_time":"d","until_qty":1,"until_time":"m","q":"","num_posts":0,"vertical":"agencies"}