Apr
29
WPP Confirms More Cost-Cutting Measures as a Result of Covid-19 Impact
Posted in: UncategorizedWPP announced its Q1 earnings today and, as expected, Covid-19 contributed to a revenue decline for the first three months of the year. In a statement accompanying its financial results, WPP acknowledged further cost-cutting measures, including “voluntary salary sacrifice from over 3,000 senior roles,” moving some employees to part-time roles and “some permanent headcount reductions.”…
Post a Comment