WPP CEO Sorrell: We're Not Planning Job Cuts on Brexit

The transcript discusses the impact of economic growth on job cuts and hiring plans, emphasizing the balance between revenue growth and employment. It highlights the sensitivity of advertising to economic uncertainty and the potential global impact of Brexit, particularly on the UK and EU. The discussion also touches on the cautious approach businesses take during uncertain times.

How has WPP's employee base changed over the last four years?

• It has decreased by a third.

• It has remained the same.

• It has increased by a third.

• It has doubled.

What is the relationship between revenue growth and headcount at WPP?

• Headcount remains constant regardless of revenue.

• Headcount is unrelated to revenue.

• Headcount decreases as revenue grows.

• Headcount increases with revenue growth.

What tends to happen to advertising investments during economic uncertainty?

• They double.

• They are cut back.

• They remain stable.

• They increase significantly.

Which region is expected to be most affected by Brexit according to the transcript?

• Asia

• The United Kingdom

• The European Union

• The United States

What is the potential concern for Russia regarding Brexit?

• Economic growth in the UK

• Increased trade with the UK

• Disintegration of Europe

• Strengthening of the EU