Despite a slight improvement with the global Covid-19 pandemic, the societal consequences and in particular on the event industry are still being felt. In 2022, the FIAC and Paris Photo teams will merge and thus launch a redundancy plan affecting 235 positions.
FIAC, which will be held at the Grand Palais from October 21 to 24, and Paris Photo, an annual event that will take place from November 11 to 14, will now be one with their teams: “There will be a grouping of teams, but FIAC (Foire International d’Art Contemporain) and Paris Photo will retain their own identity and their own temporality,” said Michel Vilair, general manager of RX France in charge of the two fairs.
During a conference, RX France employees discovered a new organization and a regrouping of the Art Shows’ teams. Five months earlier, Reed Expositions France, which organized FIAC and Paris Photo, merged with Reed Midem.
Today, a redundancy plan has been decided with 235 positions out of nearly 600 to be eliminated by the end of the year. “This decision comes after a year and a half of pandemic. Like all major companies in the events sector, we have been affected by the crisis,” explains Michel Vilair.
Other trade fairs have been hit hard, such as the MCH group, which organizes the BaselWorld watchmaking trade fair and which has observed losses of 29.4 million Swiss francs in the first half of 2021. The RX France teams are feeling the pinch, just a few days before the FIAC in Paris.
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Featured photo : © Marc Domage
