Omar Oakes
Jun 1, 2017

GroupM unable to rule out redundancies from Maxus-MEC merger

Group anticipates "significant" savings from property and back office functions.

Kelly Clark, GroupM global CEO

GroupM is not able to rule out redundancies as it begins a six-month process of merging media agencies Maxus and MEC into a new entity.

A spokesman confirmed that, while WPP’s media planning and buying group did not have a specific target in terms of cost savings, it anticipated significant savings from property and back office functions.

He said By combining MEC and Maxus together, we believe they are going...

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