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WPP slashes 3,500 jobs in brutal revamp, boosting ousted founder Sir Martin Sorrell's fortune by £7m

wpp slashes 3,500 jobs in brutal revamp, boosting ousted founder sir martin sorrell's fortune by £7m
The marketing conglomerate is to shut or merge almost 200 offices in a battle to cut costs. It is part of a strategy unveiled by chief executive Mark Read. Shares surging 4.8 per cent, or 39p, to 844p.
Credit: MailOnline - Published

ALEX BRUMMER: Sir Martin Sorrell has left his successor Mark Read a fine mess to clear up at WPP

alex brummer: sir martin sorrell has left his successor mark read a fine mess to clear up at wpp
Sorrell's genius was to have recognised the online revolution ahead of everyone else. But his response of buying every digital agency he could lay his hands on lacked a coherent strategy.
Credit: MailOnline - Published

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Sorrell's shopping spree pays off [Video]Sorrell's shopping spree pays off  03:02

WPP seems to be riding the storm which has hit much of the advertising market. Like-for-like sales growth in 2012 was up slightly, ahead of expectations, and the group's share price has been rising...

Credit: Financial Times - Published

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Scientist Neil deGrasse Tyson is being investigated by Fox and National Geographic for allegations of sexual misconduct. Fox announced it was launching an investigation into multiple allegations of..

Credit: Wochit News - Published

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Business Insider reports that Apple stock is on pace to have its worst month since 2008. The stock has dropped 21% and wiping out over $200 billion in value. Apple lost its crown as the most valuable..

Credit: Wochit Business - Published

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On Monday, President Donald Trump will hold a rally in Mississippi. The President is throwing his full support behind the embattled Republican Senate candidate Cindy Hyde-Smith. Hyde-Smith is deep into..

Credit: Wochit News - Published

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The trial of Joaquin "El Chapo" Guzman has entered its second week. On Tuesday, a former senior Sinaloa cartel figure implicated more Mexican officials in corruption. Testimony has already implicated..

Credit: Wochit News - Published

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On Monday afternoon there was a shooting at Chicago's Mercy Hospital. Business Insider said least four people are dead, including a Chicago police officer and a suspected gunman. The 28-year-old..

Credit: Wochit News - Published

 

How defiant £450million advertising tycoon Sir Martin Sorrell is bouncing back

how defiant £450million advertising tycoon sir martin sorrell is bouncing back
Eight months ago Sir Martin Sorrell was the boss of WPP, a world-famous advertising firm he had built up from scratch into one of Britain's biggest and most admired businesses.
Credit: MailOnline - Published

Sir Martin Sorrell's new firm confirms £117m merger with US firm Mightyhive

sir martin sorrell's new firm confirms £117m merger with us firm mightyhive
It is the second major deal struck by Sorrell, 73, since he walked out of WPP amid claims he had used company money to pay for a prostitute – allegations he denied.
Credit: MailOnline - Published

Sorrell's S4 Capital confirms $150m MightyHive acquisition

'The peanut has morphed into a coconut,' Martin Sorrell proclaimed as his new venture made its second purchase.
Credit: PRWeek - Published

Martin Sorrell’s S4 to buy digital ad shop MightyHive in $150m deal

Pact marks second acquisition for the veteran adman since leaving WPP
Credit: FT.com - Published

Former WPP boss Sir Martin Sorrell poised to wrap up second takeover at his new venture

former wpp boss sir martin sorrell poised to wrap up second takeover at his new venture
Sorrell is now running S4 Capital, a vehicle he set up to acquire marketing and advertising businesses. It is likely to confirm a takeover of MightyHive in the coming days.
Credit: MailOnline - Published

Sir Martin Sorrell eyes more deals at his new ad business

sir martin sorrell eyes more deals at his new ad business
The media mogul – pictured with his wife Cristiana – set up the company after quitting his previous job as chief exec of WPP amid claims he used company money to pay for a prostitute.
Credit: MailOnline - Published

Martin Sorrell's S4 eyes up U.S. programmatic company MightyHive

It comes after he told Campaign that 'the best form of revenge would be building a significant and successful new-era agency.'
Credit: PRWeek - Published

Sir Martin's Sorrell's S4 Capital hires agency for financial PR

Sir Martin's Sorrell's investment vehicle S4 Capital has hired Powerscourt to handle financial PR.
Credit: PRWeek - Published

Sorrell: Boundaries between PR and ad agencies 'blurred'; S4 Capital would consider niche PR shop

Sir Martin Sorrell believes the boundaries between what PR and ad agencies do in digital media is increasingly blurred, and that his investment vehicle S4 Capital would consider acquiring a "small to..
Credit: PRWeek - Published

WPP shares plunge as ad group falls behind in post-Sorrell era

WPP lost a fifth of its market value after downturns at its New York and London creative agencies forced it to cut sales and profit forecasts, showing the scale of the task facing its new boss after..
Credit: Reuters - Published

WPP sees £2.17bn wiped off its stock market value after profits warning sends shares plunging 17% 

wpp sees £2.17bn wiped off its stock market value after profits warning sends shares plunging 17% 
The UK advertising giant - recently rocked by the exit Sir Martin Sorrell - told the City that sales were disappointing in the last quarter and that full-year sales would be lower than expected.
Credit: MailOnline - Published

WPP shares dive as much as 20% as growth slows

wpp shares dive as much as 20% as growth slows
The firm, whose former boss Sir Martin Sorrell resigned amid misconduct claims, has cut its full-year outlook.
Credit: BBC News - Published

Sir Martin Sorrell: It’s nonsense to suggest I’m not interested in creativity

The former boss of WPP says creativity is at the centre of what his new company, S4 Capital, does but admits the nature of creativity has changed due to the rise of data. The post Sir Martin..
Credit: Marketing Week - Published

Sir Martin Sorrell makes stock market return as ad agency goes public


Credit: Telegraph.co.uk - Published

Former WPP boss Sir Martin Sorrell heralds 'new era' as he re-joins the London Stock Exchange

former wpp boss sir martin sorrell heralds 'new era' as he re-joins the london stock exchange
S4 Capital's share price was up by around 1.5% in early morning trading, with the billionaire former WPP boss claiming the listing heralded a 'new era.'
Credit: MailOnline - Published

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