All
 

 

Just in:  

You are here: Home»Business»Industries & Sectors»SWISS airline to cut administrative jobs in Switzerland

swiss-flag ZURICH: Switzerland's flag carrier, SWISS, plans job cuts in Switzerland in the double digits as part of parent company Lufthansa's cost-cutting measures, a spokeswoman for the Swiss carrier said on Sunday.

 

The SonntagsZeitung newspaper reported on Sunday that the carrier could cut up to 100 jobs in Switzerland.

 

German airline Lufthansa, in its third-quarter results announcement last month, said it would widen its cost-cutting drive to counter rising fuel prices and sluggish growth in its core market.

 

Susanne Muehlemann, spokeswoman for Swiss International Air Lines, also known as SWISS, said it was expected that there would be job cuts in the "double digits," with administrative roles in human resources, finance and sales mainly affected.

 

Copyright Reuters, 2012


 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln