WPP to sell assets and cut jobs in radical shake-up to counter AI threat

2026-02-27

WPP is launching a major restructure to become a simpler, lower-cost, AI-focused business. The London-based group will reorganize into 4 main divisions and regional markets. It is merging key ad agencies, including Ogilvy, VML, and AKQA, under a shared back office while keeping them separate. It is also reinvesting savings into AI and high-growth areas.