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Reduced US tariffs ‘remain a burden’ for Swiss economy
2025-12-19
The negative impact of US tariffs on the Swiss economy remains considerable despite a reduction in rates from 39% to 15%, according to consulting firm EY. +Get the most important news from Switzerland in your inbox According to an analysis published today by EY, gross domestic product (GDP) growth in 2026 is expected to be …
UBS plans January job cuts: media report
2025-12-18
Swiss bank UBS is preparing to start the next wave of layoffs in mid-January, Bloomberg claims based on sources inside the bank. +Get the most important news from Switzerland in your inbox According to the agency, another termination phase is planned for mid-2026, when the IT systems taken over as part of the acquisition of …
Switzerland is recruiting 85,000 foreign workers – the fake news that never dies
2025-12-17
A fake news story that has gone viral claims that Switzerland is facing a severe labour shortage and is recruiting massively abroad. Swiss public broadcaster RTS investigated the origins of these false claims that keep resurfacing. It’s a news story that has been causing a stir on social media for weeks. The claim: Switzerland is …
Survey: Swiss want to pay less for digital services
2025-12-15
Swiss consumers are increasingly cost-conscious when it comes to digital services, with nearly two-thirds of households seeking to spend as little as possible on communication services, according to a new study. + Get the most important news from Switzerland in your inbox Swiss consumers are extremely sensitive to costs, according to the “Decoding the Digital …
Swiss white collar worker shortfall more pronounced
2025-10-28
The shortage of highly qualified workers is getting worse in Switzerland. Around 70% of professions such as medicine, architecture, physiotherapy, notary and careers guidance see staff shortages as a major problem in their sector. + Get the most important news from Switzerland in your inbox This shortage has a direct impact on clients and patients, …
Swiss farmers’ union applauds progress on EU treaty package
2025-10-22
The Swiss Farmers’ Union is in favour of the bilateral approach, but has not yet taken a definitive position on the new treaties with the European Union. In view of the dynamic adoption of legislation and the imprecise domestic implementation, it is calling for better involvement of the sector. +Get the most important news from …
UBS charges pension funds to hold their liquid assets
2025-09-01
Pension funds are complaining about ‘negative interest’ charges for holding liquid assets in accounts at Switzerland’s largest bank UBS. +Get the most important news from Switzerland in your inbox UBS’s letter is quite significant. At the end of June, the bank informed its institutional clients – primarily pension funds and insurance companies – in writing …
Quality control for Swiss military projects outsourced
2025-08-28
All 17 top projects of the Swiss armed forces are to be monitored by external consultants from the start of 2026, including the procurement of F-35 fighter jets. + Get the most important news from Switzerland in your inbox The Federal Department of Defence, Civil Protection and Sport (DDPS) has not set a cost ceiling …
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