Mobile World Congress Organizer to Cut 20% of Global Workforce
- Follows cancellation of flagship Barcelona event in February
- CMO says cuts made to ensure events can continue from 2021
An attendee walks between exhibition halls at the MWC Barcelona in 2019.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
The mobile technology industry’s trade body is cutting about a fifth of its workforce after being forced to cancel a conference that generated most of its revenue.
The decision by the GSMA follows the cancellation of February’s Mobile World Congress in Barcelona -- an early major industry casualty of the Covid-19 pandemic -- which accounts for as much as 80% of the trade group’s annual revenue. The company has around 1,000 staff.