wpp earnings q2 2023

WPP downgrades growth forecast as tech clients cut spending
Aug 6, 2023
Will Green

WPP downgrades growth forecast as tech clients cut spending

Organic growth of 9% in the UK but a 4.5% decline in the US.

WPP’s Mark Read on tech slowdown: ‘They're trying to get their margins back’
The Knowledge
Aug 6, 2023
Alison Weissbrot

WPP’s Mark Read on tech slowdown: ‘They're trying to get their margins back’

The holding company lowered its growth forecast as a pull back in tech company spending ate into its US and global growth.

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