TOKYO -- Japanese ad agency Dentsu will lay off roughly 1,400 employees in seven foreign markets including the U.K., China and Singapore as the company slashes its earnings forecast for the second time since August.
Media & Entertainment
Ad firm Dentsu cuts 1,400 jobs in UK, Singapore and 5 markets
Japanese leader projects 93% drop in profit, cutting 2019 guidance again
Dentsu aims to reap more than $125 million in annual savings through the move. © Reuters
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