A third of Swiss chief financial officers expect local job cuts

Published on October 22, 2025

See on Internet Archive

by
Swissinfo
My articles My site About me My videos My books
Follow on:Twitter Facebook Google +

According to a survey by the consulting firm Deloitte, Swiss chief financial officers (CFOs) are somewhat pessimistic about the future. In view of the strong Swiss franc and the US tariffs, many expect local jobs to be relocated abroad. +Get the most important news from Switzerland in your inbox According to the survey of 119 Swiss financial managers published on Wednesday, a good third believe that the economy will develop negatively or even very negatively. Only 24% are positive or very positive. According to Deloitte, the fact that the strong franc and the US import duties of 39% on various Swiss exports introduced in August are putting pressure on the business location is also reflected in personnel planning. + Around 20,000 jobs at risk over tariffs, says economist More than a third of the CFOs surveyed (37%) expect their company to cut jobs in Switzerland over the next twelve months. At the same time, a similar number of CFOs (35%) expect the number of employees in the ... Full story here Are you the author?

About 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 articles My site About me My books
Follow on:Twitter Facebook Google +