Retailer Migros plans restructure affecting 3,000 jobs
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Swiss retail giant Migros has formally announced a significant reorganization of its cooperative structure, which could lead to approximately 3,000 job cuts. The company is proposing structural changes to its ten regional cooperatives to enhance efficiency amidst competition.
In other domestic news, SVP Federal Council candidate Celine Amaudruz has responded to criticism following allegations in the ongoing succession race for Guy Parmelin's seat. Additionally, new data reveals that two-thirds of Swiss single-family homes are underutilized, and the canton of Zug is experiencing a population decrease as its wealthy middle class reportedly flees the tax-friendly region.
Further domestic stories include scrutiny of Swissmedic over its review of a heart device, questions surrounding the unemployment office requiring master's graduates to work as food delivery drivers, and a scandal at the Federal Court involving an affair between two judges.