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On August 26, 2009

WPP Q2: 7,800 Jobs Gone; More Layoffs Promised; “Apocalypse Averted”

WPP chief Martin Sorrell painted a gloomy picture — as predicted — in his Q2 2009 earnings report today, and gave details on the number of people who have lost their jobs at his agencies. More layoffs are likely, WPP said.

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