The Frankfurt Book Fair, which employees a robust staff year-round, announced “a restructuring program for its operating company” that will include both layoffs and organizational changes. “It is already clear that the existing structures are to be streamlined, for example by merging departments. This will also involve job cuts,” they said in a statement. The changes follow the cancellation of this year’s live fair, and continuing uncertainty over the effect of the pandemic on future events: “As a result of the COVID-19-related loss of income this year and the uncertain planning perspective, the available restructuring options are currently being examined. […]
