WPP slashes jobs as revenue continues to fallWPP revealed a turnaround plan earlier this year. Embattled advertiser WPP slashed jobs in the first half of the year as its revenue continued to fall. Across the 12 months to June, WPP has now slashed its total workforce by 6.4 per cent to 104,083 employees. This helped cut total staff costs by £216m in the first half to £3.7bn, but an extra £51m was earmarked for restructuring costs. It is projecting full-year restructuring costs to come in at £250m, with £190m triggered by the Elevate28 strategy and £60m for legacy programs.