NZZ cuts jobs in the conference sector
The NZZ Media Group is consolidating its existing conference offerings and placing them under a single management structure. The existing events are to be repositioned and expanded within IFH Interforum Holding. Four positions will be eliminated as a result.
This year, the NZZ Media Group acquired a majority stake in the organizer of the Swiss Economic Forum (SEF), thereby confirming its intention to strengthen its market position in the conference sector in the long term. The acquisition will open up new business areas under the IFH Interforum Holding umbrella, utilizing existing synergies, and the activities and holdings in other companies will be expanded in a targeted manner as part of a growth strategy, as the NZZ Media Group writes in a press release.
As part of this collaboration, the forces in the conference sector are now being pooled and placed under joint management. The IFH team led by SEF founders Peter Stähli and Stefan Linder will now assume responsibility for the NZZ Media Group's event business. The previous Head of Conferences, Björn Zern, had already decided some time ago to leave the company in February 2013 and set up his own business. The reorganization will lead to the reduction of four positions in the previous NZZ Conferences team.
IFH Interforum Holding includes the successful events Swiss Economic Forum, Swiss Innovation Forum and Swiss Energy & Climate Summit. The NZZ Capital Market Forum and the NZZ Equity event series will also be further developed within IFH in the future. In order to position the events for long-term success, IFH management will review the concept of the NZZ Capital Market Forum and the NZZ Equity Real Estate Days and hold them again in a revised form in 2014. The NZZ Equity CEO Dinners will continue to take place. The NZZ Podium, the NZZ Wine Seminars and the Tagblatt Medien and LZ Medien events are not affected by the realignment.
