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Insurance Swiss Swiss Life to cut 600 jobs
CH🏛️ PoliticsCenter2 hr. ago

Insurance Swiss Swiss Life to cut 600 jobs

The insurance company Swiss Life announced plans to reduce 600 positions by the end of 2028, with approximately half of these cuts affecting roles in Switzerland and abroad. The company explained that the layoffs would primarily occur through natural attrition, citing the need for efficiency gains and leveraging digitalization. Currently, Swiss Life employs around 11,000 people, with over 100 positions already reduced through selective hiring practices. The company also reported a 7% increase in operating profit to 967 million francs for the first half of 2026, along with an 8% rise in net profit to 649 million francs. Additionally, Swiss Life launched a new share buyback program worth 250 million francs.

2 reports

SRF News logoSRF NewsState / PublicCenter2 hr. ago
Insurance Swiss Swiss Life to cut 600 jobs

The insurance company Swiss Life announced plans to reduce 600 positions by the end of 2028, with approximately half of these cuts affecting roles in Switzerland and abroad. The company explained that the layoffs would primarily occur through natural attrition, citing the need for efficiency gains and leveraging digitalization. Currently, Swiss Life employs around 11,000 people, with over 100 positions already reduced through selective hiring practices. The company also reported a 7% increase in operating profit to 967 million francs for the first half of 2026, along with an 8% rise in net profit to 649 million francs. Additionally, Swiss Life launched a new share buyback program worth 250 million francs.

Bias read (Center): The article presents factual information about corporate restructuring and financial performance without overtly favoring any political ideology. It reports on economic decisions made by a private company, which are not inherently politically charged unless tied to broader policy debates. The tone,措

Tages-Anzeiger logoTages-AnzeigerIndependentCenter3 hr. ago
Life insurance: Swiss Life to cut around 600 jobs

Swiss Life, a major life insurance company based in Switzerland, announced plans to cut approximately 600 jobs across both domestic and international operations. The layoffs affect the company’s Swiss operations and its asset management division, Swiss Life Asset Managers. The decision comes amid broader economic challenges and strategic restructuring efforts within the financial sector.

Bias read (Center): The article presents factual information about corporate restructuring without overtly favoring any political ideology. It focuses on business decisions rather than ideological stances, maintaining a balanced tone.

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