AD Agencies
WPP to cut jobs in £500m restructuring drive as revenue drops 8.1 per cent
CEO outlines reset after 30.1 percent profit decline
LONDON: WPP has signalled further job cuts as it embarks on a multi-year restructuring aimed at simplifying its sprawl, hardwiring artificial intelligence into its services and hauling profitability back on course.
The UK-listed advertising group will fold itself into a single integrated company structured around four divisions: WPP Creative, WPP Media, WPP Production and WPP Enterprise Solutions, under a plan to deliver £500 million in gross annual cost savings by 2028.
On the fourth-quarter earnings call, chief financial officer Joanne Wilson said the arithmetic was unavoidable. “In a business where most of our cost savings are people, that will mean a reduction of certain heads,” she said, adding that the group would reinvest in newer capabilities such as commerce, influencer marketing and advanced analytics.
The shift reflects a deeper rewiring. As AI becomes embedded in client workflows, the skills mix across the company is changing. Some roles will go; others will be created. “We will be reallocating talent around the business,” Wilson said, noting fresh hiring in data, technology and performance marketing.
Chief executive officer Cindy Rose said WPP was expanding internal training, including AI coaching and creative-technology apprenticeships, and embedding engineers from technology partners into client teams. Continuous reskilling, she argued, is central to staying competitive.
The urgency is financial. Revenue fell 8.1 per cent to £13.55 billion in 2025, while profit after tax dropped 30.1 per cent to £738 million. Staff costs, including severance and incentives, declined by £576 million as permanent headcount shrank 8.7 per cent and freelance spending fell 14 per cent.
Wilson warned that net new business headwinds would likely persist into the first half of 2026, citing cautious client spending and volatile marketing budgets.
On Thursday, WPP formally launched ‘Elevate 28’ a strategic programme to integrate media, creative, production and enterprise services, lower the cost base and improve cash generation.
Rose said 2026 would be about stabilising net new business performance. By 2027, a revamped go-to-market model should be fully embedded, paving the way for a return to growth. From 2028 onwards, WPP hopes to operate as a leaner, AI-enabled outfit with fatter margins: smaller, sharper and more machine-driven.
AD Agencies
Abhay Duggal joins JioStar as director of Hindi GEC ad sales
The streaming giant brings in a seasoned revenue hand as the battle for Hindi television advertising heats up
MUMBAI: Abhay Duggal has a new desk, and JioStar has a new weapon. The media and entertainment veteran has joined JioStar as director of entertainment ad sales for Hindi general entertainment channels, adding 17 years of hard-won revenue experience to one of India’s most powerful broadcasting operations.
Duggal is no stranger to big portfolios or bruising markets. Before joining JioStar, he spent a brief stint at Republic World as deputy general manager and north regional head for ad sales. Before that, he put in three years at Enterr10 Television, where he ran the north region for Dangal TV and Dangal 2, two of India’s leading free-to-air Hindi channels. The north alone accounted for more than 50 per cent of total channel revenue on his watch, a number that tends to get attention in any sales meeting.
His longest stint was at Zee Entertainment Enterprises, where he spent over six years rising to associate director of sales. There he commanded the Hindi movies cluster across seven channels, owned more than half of north India’s revenue across flagship properties including Zee TV and &TV, and closed marquee sponsorships across the Indian Premier League, Zee Rishtey Awards and Dance India Dance. He also handled monetisation for the English movies and entertainment cluster and the global news channel WION, a portfolio that would stretch most sales teams twice his size.
Earlier in his career Duggal closed what was then a Rs 3 crore single deal at Reliance Broadcast Network, one of the largest in Indian radio at the time, before that he helped launch and monetise JAINHITS, India’s first HITS-based cable and satellite platform.
His edge, by his own account, lies in marrying data and instinct: translating audience trends, inventory signals and client demands into long-term partnerships built on cost-per-rating-point discipline rather than short-term deal chasing. In a media landscape being reshaped by streaming, fragmented attention and AI-driven advertising, that kind of rigour is increasingly rare and increasingly valuable.
JioStar, which blends the scale of Reliance’s Jio platform with the content firepower of Star, is doubling down on its advertising business at precisely the moment the Hindi GEC market is getting more competitive. Bringing in someone who has spent nearly two decades doing exactly this, across some of India’s most watched channels, is a pointed statement of intent. Duggal has spent his career turning audiences into revenue. JioStar is clearly betting he can do it again, and bigger.
