In an interview with the Neue Zürcher Zeitung on Wednesday, Helfenstein said reducing 2,000 jobs in Switzerland by 2025 would not lead to radical changes in the area of responsibility. The reduction affects all Swiss-based units, including many group functions.
It is important to distinguish between positions and persons. “Thanks to our social plans, we have always been able to give a new chance to our employees affected by downsizing.” When the layoffs were announced in October, the Swiss banking workers association had already sought the least possible damage.
The bank will close its 14 branches in Switzerland by the end of February. Helfenstein said no more should be added at this time. We continue to increase efficiency in our main line of business, which affects more than 1.3 million of our 1.5 million customers. This includes, for example, the digitization of processes.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
