WPP Announces Overhaul, Delays Global Pay Reviews to 2026 Amid Profit Slump and McKinsey Pressure

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Storyboard•01/12/2025
WPP Announces Overhaul, Delays Global Pay Reviews to 2026 Amid Profit Slump and McKinsey Pressure
- •WPP defers global pay reviews to May 2026 for some employees.
- •Cindy Rose leads WPP's strategic overhaul after replacing Mark Read.
- •McKinsey & Company advises WPP on transformation plan.
- •WPP expects annual revenue to decline by 5.5% to 6% this year.
- •WPP aims to simplify client offerings and scale AI-driven solutions.
Why it matters: WPP's pay review delay may affect employee finances and industry job stability.
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