Previous post Next post

Swiss insurance group Helvetia Baloise to cut 2,600 jobs

Swissinfo by
Swissinfo
My articles My siteAbout meMy videosMy books
Follow on:TwitterFacebookGoogle +
The newly merged insurance group Helvetia Baloise is expected to cut between 2,000 and 2,600 jobs over the next three years. The Group informed employees on Tuesday about the planned scope of the redundancies. +Get the most important news from Switzerland in your inbox This was explained by a company spokesperson at the request of the news agency AWP. The news was first reported by Reuters. The newly formed Helvetia Baloise, based in Basel, employs a total of around 22,000 people in eight European markets. In the past, the head of the Group, Fabian Rupprecht, had already announced that the merger would lead to a redundancies. Speculation in the media ranged as many as 2,000 jobs being lost. According to the spokesperson, between 1,400 and 1,800 jobs are likely to be cut in the home market of Switzerland between 2026 and 2028 and 260 to 330 jobs in Germany. The spokesperson went on to say that the cuts in Switzerland would primarily affect Group functions and back-office jobs. A ... Full story here Are you the author?
About Swissinfo
Swissinfo
SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.
My articlesMy siteAbout meMy books
Follow on:TwitterFacebookGoogle +

You Might Also Like

Swiss Post expects a ‘significant’ decline in profits

2025-10-26

According to interim CEO Alex Glanzmann, Swiss Post is expecting a significant drop in profits compared to last year. + Get the most important news from Switzerland in your inbox “We are expecting a low three-digit million figure”, said Glanzmann in an interview with Swiss German-language newspaper SonntagsBlick. Swiss Post generated a Group profit of …

Continue reading »

Swiss logistics group Kuehne+Nagel to cut up to 1,500 jobs

2025-10-23

Swiss logistics group Kühne+Nagel is launching a cost-cutting program, which will slash 1,000 to 1,500 full-time positions, following a slump in profits. +Get the most important news from Switzerland in your inbox Turnover fell by 7% to CHF6.04 billion. Gross profit adjusted for volatile freight tariffs fell by 4% to CHF2.11 billion. As a result, …

Continue reading »

France’s wealthy shift funds to Luxembourg and Switzerland

2025-10-20

Political turmoil and tax threats have accelerated investment flows to havens, asset managers say. French entrepreneurs and wealthy families nervous about political turmoil at home are investing record amounts in Luxembourg-based annuities and shifting other funds to perceived havens such as Switzerland. Wealth managers, bankers and lawyers said the flow of personal investments out of …

Continue reading »

Previous post See more for 3.) Swissinfo Business and Economy Next post
Tags: ,

Permanent link to this article: https://snbchf.com/2025/12/swiss-insurance-helvetia-baloise-cut-2600-jobs/

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.