Workplace

Swiss CEO salaries rose by 7% in 2024

Flemming Ornskov, head of the American-Swiss pharmaceutical company Galderma, was the highest paid CEO in 2024, earning CHF19 million.

This content was published on Aug 22, 2025 The salaries of Swiss company bosses soared last year, according to a study by the Ethos Foundation.

Industrial production down slightly in the second quarter

Workplace

Swiss industrial production slips in Q2 2025

This content was published on Aug 18, 2025 Production in Switzerland's secondary sector fell in the second quarter of 2025. The decline was more pronounced in the construction sector than for industry.

Swiss brands seek a response to customs duties

Workplace

Trump tariffs: Swiss brands struggle to adapt to 39% tariff

This content was published on Aug 18, 2025 Swiss brands like Victorinox, the manufacturer of the iconic pocket knife, are struggling to adapt to the 39% tariff imposed by the United States on imports of Swiss goods.

Swatch withdraws "gook" advert after outrage in China

Workplace

Swatch withdraws ‘slanted eyes’ ad after China uproar

This content was published on Aug 18, 2025 The Swiss watch manufacturer Swatch has apologised and withdrawn an advertising campaign worldwide following accusations of racism in China. The ad features a model pulling the corners of his eyes.

U-Blox receives purchase offer from US private equity firm Advent

Workplace

Private equity group Advent to buy U-Blox for $1.3 billion

This content was published on Aug 18, 2025 Private equity group Advent International has agreed to take over Switzerland's U-Blox Holding in a cash offer worth CHF1.05 billion ($1.30 billion).

Pay rises planned for Swiss employees next year

Workplace

Swiss businesses plan employee pay raises in 2026

This content was published on Aug 17, 2025 Swiss companies' expectations for salary growth are down by 0.3 percentage points compared to a year ago, according to a survey conducted by the Center for Economic Research (KOF).

6,400 apprenticeships to be filled this autumn in Switzerland

Workplace

Over 6,000 apprenticeships remain unfilled in Switzerland

This content was published on Aug 17, 2025 By mid-August, which is the start of the Swiss school year, some 6,400 apprenticeship vacancies remain, mainly in the construction, catering and machinery industries.

Customs duties threaten 100,000 jobs in Switzerland

Global trade

US tariffs putting 100,000 jobs at risk in Switzerland

This content was published on Aug 16, 2025 US tariffs of 39% on Swiss imports will directly affect 100,000 jobs, mainly in the watchmaking, machinery, metals, and food industries, economiesuisse warns.

The founder of the World Economic Forum, Klaus Schwab, cleared of any wrongdoing

Workplace

Larry Finck and André Hoffmann named interim co-chairs of WEF board

This content was published on Aug 16, 2025 The WEF also revealed an investigation commissioned by the board has cleared its founder Klaus Schwab and his wife of accusations made by anonymous whistleblowers.

Workplace

Swiss study examines why women and men choose different professions

This content was published on Aug 14, 2025 According to a new study, the fact that there are still prevalently female and male professions is down to the nature of the job.

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Swiss CEO salaries rose by 7% in 2024

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Swiss industrial production slips in Q2 2025

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Trump tariffs: Swiss brands struggle to adapt to 39% tariff

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Swatch withdraws ‘slanted eyes’ ad after China uproar

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Private equity group Advent to buy U-Blox for $1.3 billion

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Swiss businesses plan employee pay raises in 2026

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Over 6,000 apprenticeships remain unfilled in Switzerland

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US tariffs putting 100,000 jobs at risk in Switzerland

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Larry Finck and André Hoffmann named interim co-chairs of WEF board

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Swiss study examines why women and men choose different professions

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