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The Latest Breaking News from WPP

FTSE 100 closes down despite strong results from WPP and Diageo

The S&P Global UK construction purchasing managers’ index rose to 44.7 in July from 38.4 in June.

Evening Standard

WPP axes jobs in cost-cutting efforts to drive profit recovery

The London-based company said the reduction, which affected 1.3% of its workforce, left it with 97,388 staff at the end of June.

Evening Standard

WPP’s sweeping restructure could save £500 million—the bigger challenge might be winning over workers

The advertising giant is simplifying its structure as it aims to arrest its decline. Chief people officer Marie-Claire Barker says the harder task is rebuilding trust, changing leadership behavior, and creating a unified culture across its 90,000 employees.

Fortune

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Adobe Just Bought What Its AI Strategy Was Missing. Here’s Why the Stock Could Surge Soon.

The acquisition of Topaz Labs will help Adobe offer both content creation and content enhancement tools to users.

Barchart

AI won’t transform your business—until you redesign work itself

Simply implementing AI solutions will not be enough to bring about organizational change. The real shift occurs when work itself is redesigned—and most companies are getting it wrong. Here’s a six-step playbook from WPP’s head of human-AI strategy

Fortune

FTSE 100 down as Asia-focused financials struggle

Oil prices also fell after US President Donald Trump said negotiations over a peace deal to end the Middle East war were in their final stages.

Evening Standard

‘Human creativity is under fire’ says WPP's Rob Reilly

At Cannes Lions, creativity is now seen as a key driver of growth, but leaders are struggling to protect it as idea production becomes cheaper and more automated

Fortune

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Revealed: British ad firm’s billion-dollar greenwash of US oil industry

London-based WPP accused of breaching climate policy after report reveals firm linked to twice as much oil advertising as US rivals

The Guardian - UK

HR leaders are drowning in decisions: Here’s how the best ones are getting ahead

Fortune convened a panel of experts from WPP, Cisco, and Syndio to glean their insights on the challenges facing CHROs in 2026 and the practical solutions that can help.

Fortune

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

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

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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

Fortune

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.

Evening Standard

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

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The Guardian - UK

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

Evening Standard

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.

The Guardian - UK

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

Evening Standard

Stocks struggle despite manufacturing improvement

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

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.

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