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Evening Standard

Anna Wise

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

WPP Cindy Rose WPP Media

Advertising giant WPP has cautioned over weaker spending by US tech firms (WPP/PA) -

WPP has announced plans to make £500 million of cost savings that will involve cutting jobs and streamlining units as part of a sweeping restructure.

The global advertising and communications company has unveiled the strategic plan, which it thinks will take several years to complete.

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