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27 articles
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.
Despite Raiffeisen attracting CHF 3.3 billion in net new money into investment, the bank is making 180 positions redundant.
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.
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.
Adam Beyer will kick off the Zurich Street Parade 2026, the Parade's 33rd edition.
The US is set to impose new tariffs under Section 232 on pharmaceutical products starting 31 July 2026.
The study indexed New York's salaries at 100 for comparison purposes. Zürich achieved a salary index of 476, while Geneva came in at 457.
Negotiations between SBB Cargo and Migros on a long-term freight contract are ongoing, with SBB describing the discussions as "partnership-oriented".
For high-net-worth individuals, the cost of maintaining a premium standard of living has risen sharply.
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.
There is continued pressure on buyers across the country as single-family homes see strongest annual price increase.
For EU/EFTA citizens, moving to Switzerland for work in 2026 remains straightforward. For everyone else, it is possible but requires careful planning, an employer willing to sponsor you, and patience with the process.
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.
AI jobs in Switzerland rose from approximately 16,000 in 2024 to 25,000 in 2025.
Aargau loses out on 1,000 existing jobs as Hitachi Energy chooses Otelfingen for new Swiss campus.
Switzerland's revised Gender Equality Act (GEA) requires companies and public employers with 100 or more employees to carry out an internal equal pay analysis every four years and have the results verified by an independent body.
Within Switzerland's startup ecosystem, Zurich ranks tenth, a respectable result within Europe but well outside the global elite.
Zurich companies assessed their current business situation positively in May, but the canton said the outlook for the next six months remains muted.
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.
In medical documentation, Zurich tested whether AI could help doctors transcribe and structure reports, reducing administrative burden while still meeting strict data-protection requirements.
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.
A dip in Swiss SME Confidence indicates a deterioration in the business climate for the manufacturing sector.
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.
Zürich has also lost its crown as the world's most expensive city to Hong Kong.
Federal Councillor Beat Jans fights population cap vote. “On June 14th, we will experience Switzerland’s Brexit moment,” he said.
The immediate human cost is clear. Around 80 workers are now facing job loss or uncertainty over their contracts, wages and next steps.
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