S4 Capital

“S4 Capital has cut a further 150 jobs this year”

“its workforce has fallen to around 6,200, down from roughly 7,000 a year ago”

“forecasting a low single-digit decline to between £632m and £663m”

“S4’s Thursday trading update, while warning that market conditions had become “more challenging””

“trading had remained in line with expectations despite a backdrop dominated by war in the Middle East, tariff uncertainty and stubborn inflation”

“Clients generally [remain] cautious”

“Nearly half of the group’s revenue comes from technology clients including Amazon, Google and Meta”

“That imbalance has weighed heavily on S4’s top line, with revenue falling sharply last year and the group having spent much of the past 18 months reducing costs and cutting headcount in a bid to prot…”

“has shed 97 per cent of its value since its 2021 peak”

“announced a further 150 redundancies, bringing headcount to around 6,200, down 11 per cent in a year”