Without a wage exemption, almost one in every sixth Swiss job is at risk



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Swiss airline requires employees to cut wages by about 15 percent. If no agreement is reached, almost one in six jobs is at risk of being lost. Out of a total of 9,500 jobs in Switzerland, 1,425 are threatened, according to the “SonntagsZeitung”. There will be a massive downsizing when employees can’t accept a pay cut of around 15 percent.

Apparently the airline has already asked unions and staff representatives to discuss a social plan at the negotiating table. Negotiations of the social plan usually herald blows of fate and heralds layoffs.

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