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 …
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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 …
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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 …
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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 …
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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, …
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Switzerland mulls tax breaks for US digital giants: media report
2025-09-01
Switzerland is ready to waive profit taxes for United States digital giants, such as Google and Meta, if they base operations in the Alpine state, according to media reports. +Get the most important news from Switzerland in your inbox The rumoured tax gift comes against the backdrop of the US slapping 39% tariffs on Switzerland. …
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Swiss gold refiners reject tariff relocation
2025-09-01
Switzerland’s trade group for gold refiners opposes a relocation of some operations to the United States to ease a trade imbalance between the countries and help tariff negotiations, newspaper Neue Zürcher Zeitung reported. +Get the most important news from Switzerland in your inbox The government is trying to find ways to get President Donald Trump …
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Novartis given green light for infant anti-malaria drug
2025-07-08
Swiss medicines regulator Swissmedic has approved Coartem Baby, a Novartis anti-malaria drug developed for infants weighing between two and five kilos. +Get the most important news from Switzerland in your inbox This is a significant step in global efforts to improve access to life-saving treatments for vulnerable populations, Swissmedic wrote in a statement today. The …
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