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GroupM

GroupM CEO Confirms Staff Cuts Amid Restructuring Plans News

GroupM CEO confirms staff cuts in ongoing restructuring effort

As part of the overhaul, GroupM has eliminated global CEO positions across its major agencies—EssenceMediacom, Mindshare, and Wavemaker, shifting towards a more centralised leadership model.

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We achieved significant progress against our strategy in 2024 with the creation of VML, Burson and the simplification of GroupM – some 70% of our business. We sold our stake in FGS Global to create significant value for shareholders. And we increased our margin, while stepping up our investment in AI through WPP Open, which is now used by 33,0006 people across WPP Industry Updates
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