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....
Tag: business
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Esprit Switzerland stores to close after bankruptcy – SWI swissinfo.ch
Esprit complained that the cost of renting high street units was too high. KEYSTONE/© KEYSTONE / CHRISTIAN BEUTLER The Swiss branch of the popular high-street fashion retailer Esprit has gone bust, it was announced on Tuesday. This content was published on March 26, 2024 – 15:52 Do you want to read our weekly top stories?...
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Swiss retail chain Migros to shed jobs and sell-off subsidiaries – SWI swissinfo.ch
Migros subsidiaries, such as Hotelplan, are now deemed surplus to requirements. Keystone / Steffen Schmidt Swiss retail giant Migros is looking for new owners for its subsidiaries Hotelplan, cosmetics and hygiene brand Mibelle, Melectronics and SportX. The new strategy involves major job cuts but also investments in core business areas. This content was published on February 2,...
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CTI Fashion Initiative unveils tailored metrics for fashion circular economy
Geneva, Switzerland, 18 January 2024 – The fashion industry is witnessing a pivotal moment with the release of sector-specific circularity metrics by the CTI Fashion Initiative, a collaborative effort led by WBCSD, VF Corporation and Deloitte, with support from the VF Foundation. Launched today at the World Economic Forum in Davos, Switzerland, these tailored metrics...
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Publisher Frontiers cuts 70 jobs in Switzerland and 600 worldwide
(Symbol image) The reason for the job cuts is the shrinking market for scientific publications and a significant increase in fraudulent articles. Copyright 2023 The Associated Press. All Rights Reserved The scientific publisher Frontiers, founded in 2007 at the Swiss Federal Institute of Technology Lausanne (EPFL), has to cut 600 jobs in 23 countries. Around...