Scangroup shaved 157 jobs last year in cost cutting measure

Scangroup

WPP Scangroup staff at a past meeting. 

Photo credit: Courtesy of Scangroup

WPP Scangroup #ticker:SCAN cut 157 jobs last year as part of efforts to cut costs as the Covid-19 pandemic saw a significant reduction in revenue.

The company’s workforce dropped to 556 in the year ended December from 713 a year earlier, according to disclosures in its latest annual report.

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