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News Wire / economy

SwissCard to Cut 40 Jobs During Reorganization

SRF 4 News Horgen 17d Impact 3
Swiss credit card provider SwissCard is reducing its workforce by 40 positions. The layoffs affect approximately 6.1% of its total 650 employees. The company confirmed the staff reductions are part of a broader reorganization process. The announcement follows the recent acquisition of the firm. The job cuts are part of a company reorganization at its Horgen headquarters. The announcement follows a report by Blick regarding the company's restructuring efforts. A social plan will be implemented following the takeover. The company confirmed the layoffs to the Kisto and STA news agencies.

Topics

layoffs reorganization

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Sources · 7 independent

SRF 4 News

“Beim Schweizer Kreditkartenanbieter SwissCard kommt es zu einem Stellenabbau, wie das Unternehmen aus Horgen auf Anfrage der Nachricht Nagentur Kisto und STA bestätigte, fallen im Rahmen einer Reorganisation 40 der rund 650 Stellen weg.”

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