WPP to slash over 7,000 jobs worldwide

WPP is expected to slash a total of 7,100 jobs this year with many to go in the UK, Europe and the US.

During the first quarter WPP already reduced its headcount by 3,600. Around 2,200 of those were redundancies, while 1,400 were due to natural attrition, where staff who had left were not

Analysts say the rest of the year will likely see WPP cut up to 1,500 more jobs, while around 2,000 will also go through natural attrition.

Earlier this year, WPP chief executive Sir Martin Sorrell (pictured) said that mature markets such as Britain, France, Italy, Germany, Spain and United States were “under pressure” and that the company would balance between the “revenue and the headcount”.

Last month, the marketing services group, parent of Mindshare, Ogilvy & Mather Worldwide and JWT, reported a 6% fall in like for like revenue in the first quarter.

It said that cuts in client ad budgets and the global economic crisis had a negative impact on the group and that it did not expect to see recovery until next year.

WPP clients include Ford, Diageo, Kellogg, Kraft, Nestle, Unilever, Procter & Gamble, Shell and Colgate.

Latest from Marketing Week


Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now


Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.


From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.


Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3703 or email customerservices@marketingweek.com

If you are looking for our Jobs site, please click here