Raiffeisen Switzerland plans up to 180 job cuts

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. 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). The bank said more than half of th...

By swissinfo.ch