The number of employed women in the first quarter of 2024 increased more strongly than the number of employed men, compared to the same quarter last year. Keystone / Gaetan Bally The number of people with jobs in the country rose by 1.4% year-on-year to reach 5.3 million in the first quarter of 2024. This...
Category: Jobs
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Swiss employment rate rises in first quarter of 2023
The number of employed women in the first quarter of 2024 increased more strongly than the number of employed men, compared to the same quarter last year. Keystone / Gaetan Bally The number of people with jobs in the country rose by 1.4% year-on-year to reach 5.3 million in the first quarter of 2024. This...
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How CFOs Can Win: Be Switzerland
This is the published version of Forbes’ CFO newsletter, which offers the latest news for chief finance officers and other leaders focused on the budget. Sign up here to get it delivered to your inbox every Tuesday. Optimism is still strong on Wall Street. Following a string of economic news that wasn’t necessarily great last...
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UBS CEO says job cuts in Switzerland to start in late 2024 – ETHRWorld
Last August UBS said it would axe 3,000 jobs in Switzerland ZURICH: UBS’s CEO on Tuesday said the majority of job cuts in its home market, Switzerland, will start from around the end of the year and continue into 2025 and 2026. In a call with journalists, Sergio Ermotti said the cuts are not something...
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How Switzerland plans to tackle its labour shortage
The shortage of staff is particularly acute in the care sector. Keystone/Mauro Fermariello/Science Photo Library The Swiss labour market will be short of several hundred thousand people by 2040, according to various studies. How can Switzerland keep its trains and hospitals running? A debate about the state’s role in preparing for this shortage has begun....
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Switzerland Allows Temporary Protections Status Holders to Change Residence for Employment Purposes
Foreigners with temporary status in Switzerland will have an advantage in accessing the labour market compared to other foreigners, as well as will be able to change residence cantons more easily. According to a press release by the Federal Council, temporary status holders will be able to change their cantons more easily if their time...
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5 waves of UBS layoffs to start in June, says Swiss newspaper
VIENNA – Layoffs under Swiss banking giant UBS’ cost-cutting programme announced after its takeover of Credit Suisse will take place in five waves in 2024 starting in June, newspaper SonntagsZeitung reported on April 21. UBS declined to comment. In August, UBS announced its plan to eliminate around one in 12 of its Swiss jobs and...
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Five waves of UBS layoffs to start in June, SonntagsZeitung says
This content was published on April 21, 2024 – 12:11 VIENNA (Reuters) -Layoffs under Swiss banking giant UBS’s cost-cutting programme announced after its takeover of Credit Suisse will take place in five waves this year starting in June, newspaper SonntagsZeitung reported on Sunday. UBS declined to comment. In August UBS announced its plan to eliminate...
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Toronto Airport gold heist was an inside job: Air Canada workers among nine arrested for $20million theft of bars from plane that had just flown in from Zurich
An Air Canada worker and several others have been charged or sought in connection with what cops are calling the biggest gold theft in Canadian history. The Ocean’s 11-esque heist occurred at Toronto Pearson International Airport this past year, and saw a gang make off with 20 kilograms of gold bars worth some $20million. Another...
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Woman who’s been fired from two hospitality jobs in Switzerland accuses country of ‘exploiting’ seasonal workers – and claims the exhausting shifts are too long and it’s hard when you don’t speak German
A woman has slammed Switzerland for ‘exploiting seasonal workers’ after she was fired twice from a hotel and bar in the county. Nila Marino, from Cape Town, travelled to the Swiss Alps at the end of November in the hopes of staying for the next couple of months by getting a job there. At the start...
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Switzerland braced for wave of bank staff layoffs
Redundancies at Switzerland’s largest bank will test the capacity of the financial sector to absorb jobs. Keystone A year ago Credit Suisse staff were stunned by the sudden demise of their bank. Many are now fighting for their careers with 3,000 Swiss posts set to be axed by their new employer UBS, starting this year....
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Novartis to cut 680 jobs in product development – ETHRWorldSEA
The job eliminations are separate from a restructuring programme which could lead up to 8,000 of Novartis’s 78,000 global workforce being cut, it said Novartis is to cut up to 680 jobs in its development organisation, which helps bring its drugs to market, the Swiss pharmaceuticals company said on Tuesday. Around 440 jobs will go...