WPP Confirms More Cost-Cutting Measures as a Result of Covid-19 Impact
Q1 earnings report outlines next steps, including layoffs

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.