In the continuing compression of trade publishing in Holland, the big Weekblad Pers Groep (WPG) announced an agreement with two main unions for a reorganization that will eliminate approximately 100 full-time jobs next year “across all publishers and headquarters,” from a total workforce of about 720 people. Discussions with individual employees are taking place now. CEO Koen Clement cited “difficult market conditions” for book publishing globally and said they are seeing “lower sales, declining print runs and shrinking advertising revenues.” He said in the press release, “We see ourselves faced with the transition from a traditional publishing company to an […]
