Raiffeisen Switzerland Plans Up To 180 Job Cuts

2026-08-27 02:09:50

(MENAFN- Swissinfo) Raiffeisen's profits rose by almost a fifth in the first half of 2026. However, as part of its strategy to improve long-term sustainability, Switzerland's second-largest banking group is cutting jobs in a bid to boost efficiency. Select your language

Generated with artificial intelligence. Listening: Raiffeisen Switzerland plans up to 180 job cuts This content was published on August 26, 2026 - 10:44 4 minutes Keystone-SDA

Deutsch de Raiffeisen legt trotz deutlicher Gewinnsteigerung Sparprogramm auf Original Read more: Raiffeisen legt trotz deutlicher Gewinnsteigerung Sparprogram

Raiffeisen Switzerland said on Wednesday that it aims to cut around CHF60 million ($74.7 million) in staff and operating costs by 2027. The measures could lead to the loss of up to 180 of its 10,989 full-time roles (as of mid-2026).

More More Workplace Jobless Swiss bankers hits record high

This content was published on Jul 13, 2026 Some 4,474 former Swiss bankers were registered as unemployed in June – up 24% in the last 12 months.

Read more: Jobless Swiss bankers hits record

MENAFN27082026000210011054ID1111584528

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Raiffeisen Switzerland Plans Up To 180 Job Cuts

More Story