Just heard the news about Omnicom’s impending layoffs. How likely do you think this kind of news will come from WPP as well? I heard that finances were solid but you never know!

likehelpful
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Likely will be an agency by agency choice. WPP has already instituted cuts (like no travel, no freelancers, no promotions or raises for the remainder of the year, leadership salary reduction, etc). VMLY&R is following suit (and is doing away with summer Friday’s in 2020), but zero plans to lay off or furlough any full time employees.

likehelpful

Grey is going to do some furloughs, I’m sure it’s going to happen at the rest of WPP as well, but on an agency by agency basis.

We’re doing well and have a lot of CPG clients so I hope it’s limited for us.

likehelpful

Are the furloughs indefinite?

Just because finances are solid doesn't mean holding companies won't get greedy. As a fellow WPP employee, I'm trying to plan for the worst.

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