The new operation will be helmed by Wunderman Thompson’s former Indonesia CEO.
The holding company also suspends share buybacks, its dividend and financial guidance.
Senior management salary cuts, shortened work week, consolidation of real estate among measures to control costs.
We need to pull together as colleagues, as agencies and as an industry.
Publicis is expected to keep working on creative projects and digital duties.
CEO Mark Read asked employees to support each other as COVID-19 disruption escalates.
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