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HSBC Private Bank announces plans to cut 260 jobs in Switzerland

This content was published on Apr 29, 2015 The staff were informed of the decision on Tuesday and a consultation process until mid-May has been initiated. Most of the planned cuts are expected to take place next year. The bank currently employs 1,200 staff in Geneva and a total of 1,350 in Switzerland. “These measures, envisaged some time ago, are aimed at increasing…

Driverless car test given green light

This content was published on Apr 28, 2015 On Tuesday the Federal Roads Office announced that the Swiss transport ministry had granted an exemption permit to Swisscom to test one car in Zurich. The exemption permit, which is valid until the end of the year, is necessary because in all other cases vehicles must be driven with two hands on the steering wheel,…

Local papers see surge in popularity

This content was published on Apr 28, 2015 A survey by the market research institute WEMF asked about readership between October 2013 and September 2014, conducting around 19,000 interviews. Both the largest commuter-targeted freesheet, 20 Minuten, and the second-largest, Blick am Abend, lost readers. 20 Minuten had a reach of 1,507,000, down 33,000 from a year before. Blick am Abend had a reach…

Switzerland’s plastic bottle mountain

This content was published on Apr 28, 2015 The Swiss are leaders in recycling glass, aluminium, batteries and PET. With ordinary plastic bottles though still only a fraction gets recycled. Unlike PET – or Polyethylene terephthalate packaging – there are far too few ordinary plastic collection points. PET bottles have been collected and recycled all over the country for the past 25 years.…

Swiss president urges respect of direct democracy

This content was published on Apr 27, 2015 At her keynote address at the Europa Forum, which regularly brings European leaders together to discuss key political, economic and societal issues, Sommaruga compared discussions about Switzerland’s direct democracy to discussions over rules in the game of football.In sports as in politics, she said, people who question certain rules aren’t proposing removing the underlying system…

French region complains it’s denied democracy

This content was published on Apr 27, 2015 About 40 kilometres over the Swiss border near Basel, some 20 people are gathered in the old mayor’s offices in Dannemarie, a town in the Sundgau region of France’s Haut-Rhin department. Draping the front of the building are the red and white flag of Alsace and the black and white flag of Brittany, which go…

Seasonal workers for the asparagus harvest

This content was published on Apr 27, 2015

Direct Democracy and how to re-wire the brain

This content was published on Apr 26, 2015 Here are the stories we're following in the week of April 27, 2015: Is too much people power a good thing? How can we keep older workers in jobs? And can we trick our brains?

Negativity over interest rates from UBS chairman

This content was published on Apr 25, 2015 On Saturday the Neue Zürcher Zeitung published Weber’s misgivings on the negative interest rates set by the Swiss National Bank back in January, the same month the Swiss franc was released from its peg to the euro. “For company clients and institutional investors with very large cash reserves we have introduced individual rates,” said Weber,…

Surveys: strong franc hurts Swiss SMEs

This content was published on Apr 24, 2015 The strong franc continues to hurt small and medium-sized Swiss firms. A new survey says 2,000 jobs have been lost in the machine industry since January, while another claims one in three firms is considering moving activities abroad.

Internal: Archive

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HSBC Private Bank announces plans to cut 260 jobs in Switzerland

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Driverless car test given green light

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Local papers see surge in popularity

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Switzerland’s plastic bottle mountain

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Swiss president urges respect of direct democracy

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French region complains it’s denied democracy

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Seasonal workers for the asparagus harvest

More

Direct Democracy and how to re-wire the brain

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Negativity over interest rates from UBS chairman

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Surveys: strong franc hurts Swiss SMEs

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