Martin Sorrell Warns WPP Employees to Stay On Guard After Merger Collapse
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WPP CEO Martin Sorrell has been, as expected, extremely vocal about the collapse of the Publicis-Omnicom merger. In the wake of the news, he sent a note to employees at WPP and its agencies, warning them that the “current leaders” at Publicis and Omnicom are “wounded” and “will almost certainly lash out.” Below are excerpts from the memo, which Ad Age obtained.
Subject: Sunday’s note reissued: one e acute () and hyphen missing – The deal that never was (or it just goes to show that galit et fraternit doesn’t play well in Palm Beach)
Last July, I wrote to you to give you early warning of what we branded as POG. Today, I’m writing after its failure. John and Maurice called it off, to some perhaps, almost as surprisingly as when they announced it.
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