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Swiss Post CEO defends strategy amid branch network reductions and new services

Swiss Post CEO Roberto Cirillo defends the company's strategy, asserting that the CHF100 million investment in branch renovations will ensure relevance and stability. He emphasizes the need for new services, citing public trust in traditional postal services amid a reduction of the branch network, with plans to consult municipalities on changes. The Syndicom trade union opposes the branch reductions, advocating for the retention of the existing network to maintain access to postal services.

Swiss Post invests 100 million francs while outsourcing 170 branches

Roberto Cirillo, head of Swiss Post, defends the outsourcing of 170 branches, asserting it strengthens public service and ensures continued access to postal services. Despite declining customer numbers, he emphasizes a commitment to invest over 100 million francs in modernizing branches and expanding service offerings, aiming to maintain relevance and trust in the community.

Swiss Post to Outsource 170 Branches Amid Industry Concerns

Swiss Post plans to convert 170 branches into partner locations, investing over 100 million francs by 2028. Meanwhile, social welfare rates have dropped, but the number of recipients with mental health issues is rising, highlighting a need for better care services. In Zurich, stricter subletting regulations are being debated ahead of a referendum, while the new Hezbollah leader, Naim Qassem, has been appointed following Hassan Nasrallah's death.

swiss post plans to outsource 170 branches amid network restructuring

Swiss Post plans to outsource the management of 170 branches while retaining 600 locations under its control, responding to changing customer behaviors and digitalization. The company aims to invest 100 million francs in modernizing its network over the next four years, despite criticism from the Syndicom trade union regarding potential job losses and community impacts.

Migros launches price cuts to compete with discount retailers in Switzerland

Migros plans to reduce prices on over 1,000 products by 2025 to regain market share from discounters like Aldi and Lidl, alongside opening 140 new stores by 2030 with a CHF 2 billion investment. The Zurich University of the Arts has ended its partnership with a military-affiliated Chinese university due to legal and operational concerns. Volkswagen is set to close three plants in Germany, risking tens of thousands of jobs, while Donald Trump faced backlash for controversial remarks during a New York campaign event. Gérard Depardieu's sexual harassment trial has been postponed due to health issues, with a new court date set for March.
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