Jump to content
Your browser is out of date. It has known security flaws and may not display all features of this websites. Learn how to update your browser[Close]

Cost-savings


Swiss Railways announces further job cuts by 2020


 See in other languages: 3  Languages: 3

The state-owned rail network has announced plans for a net loss of 1,200 jobs over the next three years as part of its cost-cutting strategy.

Swiss Federal Railways says it will make 300 more job cuts than it had announced last year under its ‘RailFit20/30’ cost-savings programme. In all, 1,400 jobs are now slated to be on the chopping block by 2020 as part of efforts to save CHF1.2 billion ($1.23 billion).

The cuts over the next three years will mostly be in administrative posts, but owing to expectations of greater productivity others will be lost in the rail network, the federal railways said in a statement on Thursday.

The efficiency measures are part of a review of costs and services dubbed "RailFit20/30", first presented in November 2015, which aims at making the company more competitive and innovative, while keeping rail prices stable. At that time the network said 900 jobs might be cut.

Despite the cuts, the rail network also said it simultaneously planned to create 200 new jobs over the next three years to meet the growing number of passengers.

The company says the efficiency measures are needed to deal with the rising costs of providing new services, expensive infrastructure investments like the Zurich cross-city link, and additional maintenance work. It expects the cost of transporting passengers and goods by road to drop significantly in the medium to long term, which will require rail services to stay competitive by keeping prices down.

The Swiss transport workers' union described the cuts as “unacceptable”, adding that the efficiency measures looked like a programme aimed at “dismantling” the state-owned company.

It called for any cost-cutting measures to be spread across the board, and for the railways to consider cuts to management posts while also lowering remuneration packages.

At the end of 2015, the federal railways employed a yearly average headcount of 33,000 staff – an increase of 0.8% above the 2014 level – according to company figures.

Sign up for our free newsletter and get the top stories delivered to your inbox.

swissinfo.ch with agencies

Copyright

All rights reserved. The content of the website by swissinfo.ch is copyrighted. It is intended for private use only. Any other use of the website content beyond the use stipulated above, particularly the distribution, modification, transmission, storage and copying requires prior written consent of swissinfo.ch. Should you be interested in any such use of the website content, please contact us via contact@swissinfo.ch.

As regards the use for private purposes, it is only permitted to use a hyperlink to specific content, and to place it on your own website or a website of third parties. The swissinfo.ch website content may only be embedded in an ad-free environment without any modifications. Specifically applying to all software, folders, data and their content provided for download by the swissinfo.ch website, a basic, non-exclusive and non-transferable license is granted that is restricted to the one-time downloading and saving of said data on private devices. All other rights remain the property of swissinfo.ch. In particular, any sale or commercial use of these data is prohibited.

×