by Business has declined by 14% over the past few years (Keystone) - Click to enlarge The cargo division on the Swiss Federal Railways has announced plans to cut 760 jobs in the coming years. The company currently employs around 2,300 staff in Switzerland. Company boss Nicolas Perrin revealed the job cut measures on Saturday in the weekly Schweiz am Wochenende. According to him, the administrative section of the firm is still too big despite already planning a reduction of 80 posts. “A reduction of at least the same magnitude in the administration will be needed by 2020,” he said. Another reason put forth was a lack of efficiency. For example, trains with too few wagons. “Our teams sometimes transport one or two
Topics:
Swissinfo considers the following as important: Business, Featured, newslettersent, Nicolas Perrin, Schweiz am Wochenende, Swiss Markets and News
This could be interesting, too:
Alex J. Pollock writes How Does the Federal Reserve Fit into Our Constitutional Order?
Adnan Al-Abbar writes What Can Carl Menger Teach Us about Falafel Sandwiches?
James Bovard writes Biden Perpetuates Washington’s Idiotic Steel Trade Policies
Alex J. Pollock writes The Federal Reserve’s Capital Has Now Plummeted to Negative 1 Billion
Business has declined by 14% over the past few years (Keystone) - Click to enlarge
The cargo division on the Swiss Federal Railways has announced plans to cut 760 jobs in the coming years. The company currently employs around 2,300 staff in Switzerland.
Company boss Nicolas Perrin revealed the job cut measures on Saturday in the weekly Schweiz am Wochenende. According to him, the administrative section of the firm is still too big despite already planning a reduction of 80 posts.
“A reduction of at least the same magnitude in the administration will be needed by 2020,” he said.
Another reason put forth was a lack of efficiency. For example, trains with too few wagons.
“Our teams sometimes transport one or two wagons at a time and it is not very effective,” he said.
In this segment, the company has already seen its business fall by 14% in recent years. In the future, the company wants to strengthen its market share by hauling larger quantities of goods. Perrin plans to reduce the workforce by a third. The company now employs around 2,300 people, without taking into account the jobs in its international division. Some 760 positions could become obsolete, according to the Perrin’s calculations.
Tags: Business,Featured,newslettersent,Nicolas Perrin,Schweiz am Wochenende