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18 articles
“If millions of people in the industrialised world cannot find jobs with their good qualifications, then it is a societal problem, not a problem with your CV,” the YouTuber said.
The City of Zurich recorded 8,225 unemployed people in September, while the number of registered job seekers rose by 11% year-on-year. Foreign nationals and men experienced the sharpest increases.
The bank's costly senior private bankers over 50, who manage client books worth CHF 1 billion to 2 billion, are particularly at risk apparently.
Group CEO Andrej Majcen has publicly framed the restructuring as "an offensive play rather than a defensive one."
Did Managing Director Florian Maurer accelerate the India/overseas outsourcing shortly before his own departure?
Among people from the asylum and refugee sector, the number receiving employment support rose by roughly a third, to 1,624 people.
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.
The bank recently announced plans to create around 3,000 new IT jobs in Hyderabad, India, as it expands its technology footprint there.
The potential job reductions could take place at Zurich’s headquarters on Mythenquai in Zurich.
Asian and African job seekers face up to 19% worse odds in Switzerland. Zurich just voted to do nothing about it.
Given geopolitical and economic uncertainties, increased price fluctuations are expected in H2 2026.
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.
The CHF 87,000 Swiss Median Salary figure translates to a gross monthly salary of CHF 7,250 for a full-time worker, up from CHF 7,024 per month recorded in the previous survey year, 2024.
AI jobs in Switzerland rose from approximately 16,000 in 2024 to 25,000 in 2025.
Zurich companies assessed their current business situation positively in May, but the canton said the outlook for the next six months remains muted.
Switzerland's unemployment rate is at 5.0%, above the EU-wide average of 6.0% but measured on a different national basis and reflecting a tighter labour market by most other indicators.
The immediate human cost is clear. Around 80 workers are now facing job loss or uncertainty over their contracts, wages and next steps.
Zurich’s unemployment rate dropped to 2.9% in April 2026 as construction and trade hiring surged. Discover how Middle East tensions are affecting the Swiss job outlook.
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