sir martin sorrell
S4 Capital revenue declines by 12.7%, headcount drops 8.9%
The company also downgraded its net revenue forecast for the year.
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Monks owner S4 Capital reports 11.4% revenue drop with clients 'cautious'
Latest results reveal uneven performance across regions, with Asia-Pacific facing challenges amid shifting client priorities and global cutbacks.
Omnicom and IPG 'huddling together as cold winds blow': Martin Sorrell
S4 Capital head and former WPP chief talks to Campaign about Omnicom-IPG's $30 billion mega-merger—predicting 7,500 job cuts, dismissing AI claims as 'smokescreen', and warns of 'brutal' integration ahead.
S4 Capital anticipates 4% revenue decline for 2023
Sir Martin Sorrell noted a 'bifurcation between digital and linear' and insisted S4's business model 'remains strong and will recover'
S4 Capital reports US$28.7 million pre-tax loss as big tech continues to cut spend
Results also reveal around 500 job cuts
Sir Martin Sorrell recruits ex-WPP colleague to tackle S4 Capital tangle
Also appoints chief operating officer
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