Swiss insurer Helvetia plans to cut jobs and relocate some workers as part of an efficiency program aimed at saving about 200 million francs ($224 million) over the next three years. The measures will affect around 500 positions, of which close to 250 are in Switzerland, according to Chief Executive Officer Fabian Rupprecht. “That is...
Category: Jobs
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Swiss youth in vocational training seek jobs less prone to automation
Generative AI cannot replicate tasks such as bricklaying. SwissSkills/Michael Zanghellini Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. In Switzerland and around the world, younger generations are re-assessing their career choices in response to the growing automation driven by the boom of generative artificial intelligence...
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Lidl Switzerland plans to create 300 new jobs per year
Lidl Switzerland wants to increase the number of stores and thus the number of employees. (archive picture) Picture: Keystone The retailer Lidl has announced 300 new jobs per year in Switzerland. The store network is to grow by more than 60 locations in the medium term. No time? blue News summarizes for you The retailer...
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Swiss banks seeking fewer staff
Banks seek fewer staff, fourth consecutive month of decline Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Swiss banks sought fewer staff in November making it the fourth consecutive month of decline in job vacancies. This content was published on December 11, 2024 –...
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Job prospects remain good in Switzerland – apart from in Ticino
Good employment prospects in Switzerland, but negative in Ticino Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Employment prospects are positive in Switzerland as a whole, but they are negative in southern Italian-speaking canton Ticino. As usual, the latest barometer barometer by recruitment firm...
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Cargill to cut thousands of jobs as part of sweeping restructuring
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Cargill, the world’s largest agricultural commodities trader, said it was slashing 5 per cent of its 164,000-strong workforce as part of a sweeping restructuring effort to restore profit margins. The move comes after the Minneapolis-based...
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Over-55s account for less than 10% of new hires in Switzerland
Over-55s account for less than 10% of new hires Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Only 8% of Swiss jobs are filled by people aged 55 and over, even though this age group represents 23% of the working population, says insurer Swiss...
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Job boom creates Swiss immigration headache for EU trade talks
ZURICH — Switzerland is scrambling to keep a lid on immigration from its top trade partner, the European Union, as a jobs boom powered by the country’s low-tax business model turns population growth into a political hot potato. The issue helped derail talks in 2021 to overhaul rules governing some $338 billion of annual trade,...
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Former government minister nets top job at Swiss Olympic
Ruth Metzler-Arnold plans to use her political connections to lobby for Swiss sporting bodies. Keystone / Peter Klaunzer Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Ruth Metzler-Arnold will take the helm at Switzerland’s national Olympic committee as of January 2025. This content was published...
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How working abroad gives young Indians a headstart in creating wealth back home
The young financial analyst bought these properties with his savings from salary and a loan that he has already repaid. Sonthalia’s net worth runs into several crores of rupees, including liquid savings of about ₹1 crore, in all of five years of his career. Here’s what made this possible. Sonthalia works in Amsterdam and earns...
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Swiss Steel to cut 800 jobs amid weak demand – ETHRWorld
The steps aim at ensuring the long-term optimization and security of Swiss Steel’s production sites in Switzerland, Germany, and France, the company said. ZURICH, – Swiss Steel Group will cut around 800 jobs in its home market of Switzerland and abroad due to weak demand in European manufacturing, low production levels, and a subdued growth...
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Swiss Steel to cut 800 jobs
Swiss Steel cuts 800 jobs Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Steelmaker Swiss Steel Group is cutting 800 full-time jobs, including 80 in Switzerland. This content was published on November 15, 2024 – 09:01 The Lucerne-based company explains that it is adapting...