Publicis CEO under pressure following second sales target cut
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PARIS (Reuters) - Publicis' chief executive Arthur Sadoun appeared under pressure on Thursday following a second cut in a row to the full-year sales target of the world's third-biggest advertising group.The change in company's guidance reflected yet again the hardships that traditional ad groups face, with revenues being squeezed by competition from Facebook and Google as well as tightening budgets by major clients. Sadoun, who succeeded company veteran and current chairman Maurice Levy in..