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Friday, September 25, 2026
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Business

39 articles

Cembra Set To Move Headquarters From Zurich To Baden: No Job Cuts
Business · Yesterday

Cembra Set To Move Headquarters From Zurich To Baden: No Job Cuts

Cembra framed the move as part of longer-term workplace and space planning rather than a cost-cutting exercise.
UBS Faces Parliamentary Setback As Capital Rules Tighten
Business · Yesterday

UBS Faces Parliamentary Setback As Capital Rules Tighten

Ermotti’s campaign fails to shift vote as UBS suffers a clear setback.
Bitcoin Suisse’s Layoffs Turn Bitter: “Good Leavers” v/s “Bad Leavers”
Business · Yesterday

Bitcoin Suisse’s Layoffs Turn Bitter: “Good Leavers” v/s “Bad Leavers”

Group CEO Andrej Majcen has publicly framed the restructuring as "an offensive play rather than a defensive one."
Switzerland Raises 2026 Growth Forecast To 1.7%, Warns Of Iran-Linked Energy Risks
Business · Sep 23

Switzerland Raises 2026 Growth Forecast To 1.7%, Warns Of Iran-Linked Energy Risks

The Federal Council expects a further pickup in global demand in 2027, with the rest of Europe.
Swiss Re Shifts CorSo IT Jobs To India, Mexico And Slovakia As US And UK Cut Roles
Business · Sep 22

Swiss Re Shifts CorSo IT Jobs To India, Mexico And Slovakia As US And UK Cut Roles

Did Managing Director Florian Maurer accelerate the India/overseas outsourcing shortly before his own departure?
Sunrise Confirms 450 Job Cuts, Far Exceeding Earlier Speculation
Breaking News · Sep 22

Sunrise Confirms 450 Job Cuts, Far Exceeding Earlier Speculation

Sunrise cut 147 jobs already earlier this year.

PwC Switzerland To Halve Bonuses As AI And Weak Economy Squeeze Consulting
Breaking News · Sep 17

PwC Switzerland To Halve Bonuses As AI And Weak Economy Squeeze Consulting

PwC's Swiss bonus cuts follow similar cost-cutting moves across the Big Four and major consultancies over the past year.
All Regulators Clear Zurich-Beazley Deal; London Court Has Final Say
Business · Sep 16

All Regulators Clear Zurich-Beazley Deal; London Court Has Final Say

Zurich Insurance Clears Final Regulatory Hurdles, Set to Complete Beazley Takeover October 2026
Fresh Off A Data Breach, Revolut Applies For Swiss Banking Licence
Breaking News · Sep 16

Fresh Off A Data Breach, Revolut Applies For Swiss Banking Licence

"Revolut is already Switzerland's leading fintech," said Julian Biegmann, bank's GM for Switzerland.

Partners Group Shares Plunge As Profit Falls And CEO Steps Aside
Business · Sep 4

Partners Group Shares Plunge As Profit Falls And CEO Steps Aside

Partners Group now expects performance income to represent around 20%–25% of total revenue in 2026.
AI Could Cut Swiss Office Demand By 7.9%, Raiffeisen Says
Business · Sep 3

AI Could Cut Swiss Office Demand By 7.9%, Raiffeisen Says

The impact will depend on whether AI replaces employees or supports them.
Lindt & Sprüngli Protects Jobs By Cancelling Ski Weekend, Christmas Party
Business · Sep 2

Lindt & Sprüngli Protects Jobs By Cancelling Ski Weekend, Christmas Party

Crucially, Lindt explicitly stated that no operational layoffs are currently planned.
Data Leak Exposes 1320 UBS Employees Facing Layoffs
Breaking News · Sep 1

Data Leak Exposes 1320 UBS Employees Facing Layoffs

For the UBS staff whose data was exposed, the incident compounds an already difficult situation.
Vontobel Leaves Zurich After A Century, Consolidating 1500 Jobs In Baar
Business · Aug 31

Vontobel Leaves Zurich After A Century, Consolidating 1500 Jobs In Baar

Vontobel's relocation should force Zurich authorities to reconsider their tax and building regulations. 
Switzerland Job Cuts: Swiss Life Braces For Major Layoffs As McKinsey-Driven Overhaul Nears
Business · Aug 27

Switzerland Job Cuts: Swiss Life Braces For Major Layoffs As McKinsey-Driven Overhaul Nears

The company is using natural attrition to keep job losses "as low as possible," filling internal-service vacancies "very selectively" since the start of the year.
UBS Switches To Indian IT giant HCLTech, Putting Swiss Jobs At Risk
Business · Aug 27

UBS Switches To Indian IT giant HCLTech, Putting Swiss Jobs At Risk

The bank recently announced plans to create around 3,000 new IT jobs in Hyderabad, India, as it expands its technology footprint there.
Repair Costs For Parking Damage In Switzerland Jump By 45%
Business · Aug 27

Repair Costs For Parking Damage In Switzerland Jump By 45%

Replacement parts are also more expensive.
Zurich Insurance Denies Comment On Report Of 500 Jobs At Risk
Business · Aug 26

Zurich Insurance Denies Comment On Report Of 500 Jobs At Risk

The potential job reductions could take place at Zurich’s headquarters on Mythenquai in Zurich.
Switzerland Job Cuts: Raiffeisen To Cut Up To 180 Positions Despite Strong Growth
Breaking News · Aug 26

Switzerland Job Cuts: Raiffeisen To Cut Up To 180 Positions Despite Strong Growth

Despite Raiffeisen attracting CHF 3.3 billion in net new money into investment, the bank is making 180 positions redundant.

IWC Confirms 18 Job Cuts In Schaffhausen, Union Says Wider Layoffs Feared
Breaking News · Aug 26

IWC Confirms 18 Job Cuts In Schaffhausen, Union Says Wider Layoffs Feared

Allegedly CEO Christoph Grainger-Herr, who drives two expensive company vehicles, said that executive team members declined to accept pay reductions, and that IWC leadership intends to close stores in expensive locations.
UBS Ramps Up Bitcoin ETF Bet With 24-Fold Surge In Call Options
Business · Aug 24

UBS Ramps Up Bitcoin ETF Bet With 24-Fold Surge In Call Options

Notably, Bitcoin saw quite a rally in the last five days, from $65k all the way to $79k.
Switzerland Confirms Plan To Raise VAT By 0.5% To Fund Defence Spending
Breaking News · Aug 13

Switzerland Confirms Plan To Raise VAT By 0.5% To Fund Defence Spending

The funds are primarily intended to cover the extra costs associated with Patriot missile systems and the acquisition of US-made F-35 fighter jets.
What Is The Pierin Vincenz Case? Defence Seeks Dismissal As Zurich Appeal Trial Begins
Business · Aug 10

What Is The Pierin Vincenz Case? Defence Seeks Dismissal As Zurich Appeal Trial Begins

At the opening of the appeal, Vincenz’s lawyer asked the Zurich High Court to dismiss the case. Defence lawyers have also argued that some of the alleged offences are time-barred, an issue that could prevent the court from examining particular accusations.
UBS Hit With Record $125 Million US Fine Over Repeated AML Failures
Business · Aug 4

UBS Hit With Record $125 Million US Fine Over Repeated AML Failures

Is the bigger risk that regulators now see UBS as a repeat offender that had years to fix the problem and did not?
Who Gets Hit As US Rolls Out New Tariffs On Swiss Goods: Pharma Next In Line?
Business · Jul 27

Who Gets Hit As US Rolls Out New Tariffs On Swiss Goods: Pharma Next In Line?

The US is set to impose new tariffs under Section 232 on pharmaceutical products starting 31 July 2026.
Moment Of Truth For Markets As Inflation Bites: Raiffeisen Investment Outlook H2 2026
Business · Jul 8

Moment Of Truth For Markets As Inflation Bites: Raiffeisen Investment Outlook H2 2026

Given geopolitical and economic uncertainties, increased price fluctuations are expected in H2 2026.
Zurich Climbs To Second As Singapore Retains Top Spot For Luxury Spending
Breaking News · Jul 8

Zurich Climbs To Second As Singapore Retains Top Spot For Luxury Spending

For high-net-worth individuals, the cost of maintaining a premium standard of living has risen sharply.
UBS Shifts Front-Office Asset Management Roles To Krakow: A First For The Bank
Local · Jul 7

UBS Shifts Front-Office Asset Management Roles To Krakow: A First For The Bank

UBS has operated a major service hub in Krakow since the early 2010s, initially moving HR, IT and other support functions from Zurich to the Polish city.
Oil Crisis Bites Less In Switzerland As Energy Efficiency Shocks To Rescue
Business · Jul 2

Oil Crisis Bites Less In Switzerland As Energy Efficiency Shocks To Rescue

Despite the headwinds, Swiss consumers' purchasing power remains a solid pillar of growth. The moderate rise in unemployment continues coinciding with the delayed industrial recovery.
Hitachi Energy Chooses Otelfingen for New Swiss Campus, Beating Aargau
Business · Jun 12

Hitachi Energy Chooses Otelfingen for New Swiss Campus, Beating Aargau

Aargau loses out on 1,000 existing jobs as Hitachi Energy chooses Otelfingen for new Swiss campus.
Switzerland’s Startup Ecosystem Faces A Scale Problem: Zurich Ranks 10th In Europe
Business · Jun 8

Switzerland’s Startup Ecosystem Faces A Scale Problem: Zurich Ranks 10th In Europe

Within Switzerland's startup ecosystem, Zurich ranks tenth, a respectable result within Europe but well outside the global elite.
US Tariff Threats Put Swiss Exporters On Edge As Washington Raises Pressure
Business · Jun 3

US Tariff Threats Put Swiss Exporters On Edge As Washington Raises Pressure

For Switzerland, US tariff threats are especially sensitive because the US is one of its most important export destinations, particularly for pharmaceuticals, machinery, precision instruments and high-value industrial goods.
Hong Kong Overtakes Switzerland As The World’s Top Cross-Border Wealth Hub
World · Jun 2

Hong Kong Overtakes Switzerland As The World’s Top Cross-Border Wealth Hub

Cross-border wealth booked in Hong Kong reached $2.95 trillion, world’s top cross-border wealth hub, at the end of 2025, just ahead of Switzerland’s $2.94 trillion.
Iran Crisis Drags Swiss SME Confidence Below Growth Threshold In May 2026
Business · Jun 2

Iran Crisis Drags Swiss SME Confidence Below Growth Threshold In May 2026

A dip in Swiss SME Confidence indicates a deterioration in the business climate for the manufacturing sector.

Zurich Loses 252 Corporate Headquarters To Low-Tax Cantons Like Zug
Breaking News · Jun 1

Zurich Loses 252 Corporate Headquarters To Low-Tax Cantons Like Zug

Zürich suffered the heaviest net corporate emigration of any Swiss canton in 2025, losing a net 252 companies. Bern was the second-largest loser at 117.
Swiss Tax Rules Face New Pressure As Pillar 2 Reshapes Competition
Business · May 21

Swiss Tax Rules Face New Pressure As Pillar 2 Reshapes Competition

Switzerland is aligned with the OECD framework. But it raises political questions about whether Swiss businesses are being asked to play by stricter rules than competitors in larger economies.
Switzerland Is the World’s Best Country in 2026, According to US News & World Report
Business · May 14

Switzerland Is the World’s Best Country in 2026, According to US News & World Report

A revamped, data-driven methodology from US News & World Report puts Switzerland at the top for the eighth time, and the results reveal a striking gap in America's global standing.
Swiss GDP to Grow 1% as Energy Intensity Drops 50% Amid Oil Shocks: Raiffeisen Analysis
Business · May 12

Swiss GDP to Grow 1% as Energy Intensity Drops 50% Amid Oil Shocks: Raiffeisen Analysis

However, Raiffeisen report also found that Swiss dependencies persist and the transformation to a more energy-independent Switzerland remains incomplete.
SWISS Air Lines Reports CHF 30M Q1 Profit Driven by Asia Demand: “Our results for March were exceptionally strong,” Says CFO
Business · May 11

SWISS Air Lines Reports CHF 30M Q1 Profit Driven by Asia Demand: “Our results for March were exceptionally strong,” Says CFO

Switzerland's flag carrier nearly ninefold its first-quarter operating result year-on-year, but warns that sharply rising fuel costs will weigh on Q2 performance.