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Swiss insurer Helvetia says 500 jobs affected by cost-cutting

Swiss insurer Helvetia says 500 jobs affected by cost-cutting

Helvetia: 500 jobs affected by cost-cutting measures Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Some 500 jobs, including 200 to 250 in Switzerland, are affected by the new operational efficiency measures recently announced by Swiss insurer Helvetia. This content was published on January...

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Swiss company bankruptcies rise to record high in 2024

Swiss company bankruptcies rise to record high in 2024

Number of company bankruptcies rises to record high in 2024 Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. In Switzerland, significantly more companies went bankrupt in 2024 than in 2023. The number of company bankruptcies climbed to a new high, the creditors’ association Creditreform...

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Job prospects remain good in Switzerland – apart from in Ticino

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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Struggling Swiss company Meyer Burger secures m financing

Struggling Swiss company Meyer Burger secures $40m financing

Meyer Burger secures financing of $40 million. Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. There is a glimmer of hope for the ailing Swiss solar company Meyer Burger. The company has concluded a bridge financing of $39.48 million (CHF34.7 million) with certain bondholders...

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Axpo extends life of world’s oldest nuclear power plant

Axpo extends life of world’s oldest nuclear power plant

Axpo wants to keep Beznau nuclear power plant running until 2033 Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Swiss energy company Axpo intends to continue operating the Beznau nuclear power plant until 2033. To this end, it will invest CHF350 million ($395 million)...

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Black Friday gets off to a slow start in Swiss shops

Black Friday gets off to a slow start in Swiss shops

Black Friday gets off to a slow start in stationary retail Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Black Friday has established itself as one of the biggest shopping events in Switzerland in recent years. This year, however, business was rather slow, especially...

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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 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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Clothing recycling system to be introduced in Switzerland

Clothing recycling system to be introduced in Switzerland

New association wants to introduce a clothing recycling system in Switzerland Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Seven companies from the textile and clothing industry founded the Fabric Loop association in Switzerland on Tuesday. This association aims to boost the circular economy...

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Q4 job prospects in Switzerland remain stable

Q4 job prospects in Switzerland remain stable

Employment prospects remain stable in the fourth quarter in Switzerland, according to the KOF Swiss Economic Institute. Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. The employment outlook in Switzerland will remain stable towards the end of 2024, according to the KOF Swiss Economic...

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One in seven Swiss changed jobs in 2023

One in seven Swiss changed jobs in 2023

One in seven people changed jobs in 2023 Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Around one in seven people in Switzerland changed jobs in 2023. According to the Federal Statistical Office (FSO), almost one in four people between the ages of 15...

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Swiss retailer Galaxus to create 1,000 jobs in Germany

Swiss retailer Galaxus to create 1,000 jobs in Germany

Galaxus, which is owned by Swiss retail giant Migros, is opening a new logistics center in Neuenburg am Rhein. Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. The online retailer Galaxus, owned by Migros, continues to expand in Germany. It has laid the foundation...

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Swiss SMEs do not expect AI-related job cuts

Swiss SMEs do not expect AI-related job cuts

Swiss SMEs do not expect AI-related job cuts Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Small and medium-sized enterprises (SMEs) in Switzerland are prepared to embrace artificial intelligence, with most predicting minimal job losses. This content was published on September 26, 2024 –...