A former executive of WPP Plc, one of the world’s biggest advertising companies, has been sentenced to life in prison by a Chinese court for taking bribes totaling 1.2 billion yuan ($176 million) with his ex-colleagues, according to people familiar with the matter.
A former executive of WPP Plc, one of the world’s biggest advertising companies, has been sentenced to life in prison by a Chinese court for taking bribes totaling 1.2 billion yuan ($176 million) with his ex-colleagues, according to people familiar with the matter.
A general view shows the skyline of the Lujiazui financial district in Shanghai on December 16, 2019. (Photo by HECTOR RETAMAL / AFP) (Photo by HECTOR RETAMAL/AFP via Getty Images) Photographer: HECTOR RETAMAL/AFP
WPP accused of breaching its climate policy after report reveals firm linked to twice as much oil advertising as US rivalsA British advertising conglomerate has helped the oil companies ExxonMobil, Chevron, Shell and BP spend an estimated $1bn (£740m) on adverts in the US since the 2015 Paris agreement to tackle the climate crisis, a report shows.London-based WPP was the leading advertising group serving the US’s oil industry over the past decade, according to analysis by the climate investigati
WPP accused of breaching its climate policy after report reveals firm linked to twice as much oil advertising as US rivals
A British advertising conglomerate has helped the oil companies ExxonMobil, Chevron, Shell and BP spend an estimated $1bn (£740m) on adverts in the US since the 2015 Paris agreement to tackle the climate crisis, a report shows.
London-based WPP was the leading advertising group serving the US’s oil industry over the past decade, according to analysis by the climate investigations platform DeSmog. The figure is nearly twice the respective amounts linked to its US rivals Omnicom and Interpublic Group (IPG), which merged in November.
WPP Plc is targeting £500 million ($678 million) in annual cost savings by 2028 as part of a sweeping restructuring that the embattled British advertising group hopes will help it to return to growth next year.
WPP Plc is targeting £500 million ($678 million) in annual cost savings by 2028 as part of a sweeping restructuring that the embattled British advertising group hopes will help it to return to growth next year.
Number of employees declined by more than 14% to 24,963 last year, with fall greatest among younger workersAI is indeed coming – but there is also evidence to allay investor fearsUK advertising agencies had their biggest annual exodus of staff last year, led by younger workers, as artificial intelligence tools threaten to replace workers and force the industry to cut jobs and costs.Staff numbers at creative agencies, which are facing acute pressure from the rollout of AI tools that reduce or eve
Staff numbers at creative agencies, which are facing acute pressure from the rollout of AI tools that reduce or even replace the need for agency staff, fell more than 14% in 2025.
British advertising group WPP Plc’s plan to bring its three creative agencies under one roof is expected to result in job cuts as the businesses will share more back-end resources, according to people familiar with the matter.
British advertising group WPP Plc’s plan to bring its three creative agencies under one roof is expected to result in job cuts as the businesses will share more back-end resources, according to people familiar with the matter.
A company plaque is seen outside the offices of British advertising giant WPP in London on Aug. 23, 2017.
WPP Plc’s residency in the UK’s premier stock index is ending after a client exodus and fears over competition from artificial intelligence pushed the group’s shares to their lowest level in more than two decades.
WPP Plc’s residency in the UK’s premier stock index is ending after a client exodus and fears over competition from artificial intelligence pushed the group’s shares to their lowest level in more than two decades.
A company plaque is seen outside the offices of British advertising giant WPP in London on August 23, 2017. - The British advertising giant WPP has downgraded its growth forecast for 2017 because of a slowdown in the market, causing a fall of over 10 per cent in the company's stock price. (Photo by Daniel LEAL / AFP) (Photo by DANIEL LEAL/AFP via Getty Images)
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