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The Latest Breaking News from WPP

Gains for Rolls-Royce and LSEG offset mining slump

The FTSE 100 index ended up 40.29 points, 0.4%, at 10,846.70, a record close.

Evening Standard

Advertising giant WPP plans to cut £500m in costs under sweeping restructure

It is understood the changes are expected to result in a reduction of jobs, with the firm targeting duplicated roles.

Evening Standard

Troubled WPP unveils huge shake-up to save £500m amid falling revenues

Current performance of the company created by Sir Martin Sorrell described as “disappointing”

Evening Standard

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WPP to sell assets and cut jobs in radical shake-up to counter AI threat

Group aims to be ‘simpler, lower-cost, AI-enabled business’ and achieve £500m of annual savings by 2028

The Guardian - UK

Progress on gender equality at top of UK’s biggest firms ‘achingly slow’

Average number of female FTSE 100 CEOs stalled at nine last year, the same number as 2024, review says

The Guardian - UK

UK ad agencies undergo their biggest exodus of staff as AI threatens industry

Number of employees declined by more than 14% to 24,963 last year, with fall greatest among younger workers

The Guardian - UK

WPP's CTO says AI is reshaping advertising. But creative judgment needs to remain in human hands

The ad giant has encouraged its workforce to embrace AI tools and is investing in training to ensure workers understand their critical role in the creative process.

Fortune

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Retail drags on FTSE as stocks drift ahead of US interest rate decision

In London, retailers were a soft feature after a report showed annual UK retail sales growth decelerated in November.

Evening Standard

Advertising's next "big thing" will be smaller than you imagine

In 2026, expect thousands of jobs to be replaced or reduced

Evening Standard

Advertising giant WPP relegated from FTSE 100 after nearly 30 years

Market value of ad group that was once world’s largest plummets from about £24bn in 2017 to £3.1bn

The Guardian - UK

S4 Capital shares hit new low on profit alert

Fellow advertising firm M&C Saatchi also alerted over profits on Monday, blaming the ‘unprecedented’ US government shutdown.

Evening Standard

FTSE 100 falters ahead of inflation print and Nvidia earnings release

The FTSE 100 index closed down 22.94 points, 0.2%, at 9,675.43.

Evening Standard

WPP shares leap amid takeover bid speculation

Advertising group declines to comment on reports of interest from rival Havas and private equity groups Apollo and KKR

The Guardian - UK

Stocks struggle despite manufacturing improvement

UK manufacturing output expanded for the first time in a year in October, according to a survey.

Evening Standard

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Evening Standard

WPP woes keep lid on FTSE and pound extends falls

WPP plunged 17% as it warned performance in the year-to-date was at the ‘low-end of expectations’ as it cut the company’s outlook.

Fortune

Sir Martin Sorrell says AI has already “missed the Oppenheimer moment”

When it comes to AI, it’s already too big for governments to regulate, says WPP founder Martin Sorrell.

The Guardian - UK

WPP jobs at risk as ad group’s new boss condemns ‘unacceptable’ performance

Review launched after firm struggles to stem exodus of clients and compete with AI and data capabilities of rivals

Evening Standard

WPP’s annual outlook cut once again after ‘unacceptable’ performance

Former Microsoft UK head Cindy Rose is leading turnaround efforts after taking over from ex-chief executive Mark Read last month.

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The Guardian - UK

What’s gone wrong at WPP? The crown slips at world’s biggest advertising group

Exodus of big clients, falling profits and dire forecasts raise prospect of a once ‘unthinkable’ breakup

Benzinga

Leidos Bets On AI With VML To Strengthen US Defense

Leidos Inc. (NYSE:LDOS) and VML, a subsidiary of WPP Plc (NYSE:WPP), have unveiled Imperium, an artificial intelligence (AI) platform engineered to bolster U.S. information operations by assisting defense agencies in the timely detection and effective countering of emerging national security threats.

Evening Standard

FTSE 100 falls from record highs as Lloyds and HSBC struggle

The FTSE 250 ended up 11 points, 0.1%, at 22,052.83.

Creative Bloq

Creative job losses are rising – and we need to talk about it

We need to think about how to respond.

Evening Standard

FTSE 100 edges down despite hopes of end to Russia-Ukraine war

The Guardian - UK

WPP profits dive 71% as clients cut ad spending amid Trump’s tariffs rollout

Advertising group halves interim dividend after pre-tax profit plunges to £98m in first half of its financial year

Evening Standard

WPP reveals around 4,000 roles cut in past six months as profits tumble

The group reported pre-tax profits tumbling to £98 million for the six months to June 30, down from £338 million a year earlier.

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