WPP orders hiring freeze amid client spending cuts
LONDON - WPP has reacted to the deepening financial crisis by ordering a freeze on all hirings until further notice.
In an e-mail to senior staff and seen by Campaign, the group, whose agency empire includes JWT, Ogilvy & Mather, Young & Rubicam and Grey, cites clients' decisions to hold back on marketing spend as the reason for its action.
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