Summary # At Sunrise, one round of layoffs follows the next. Early this year the telecom group cut 147 positions, and now up to 450 more jobs could go. Sunrise is reviewing “a comprehensive realignment of its operating model” and wants to become more efficient with AI. Employees who spoke to NZZ am Sonntag suspect the cuts are meant to secure the executive bonus. Sunrise denies this.
Summary # First the online travel provider Lastminute, then the online pharmacy DocMorris: within a single month, two listed companies in Switzerland justified larger job cuts with AI. At Lastminute, a reorganization is expected to eliminate about a quarter of its roughly 1,600 positions; at DocMorris, around 100 full-time roles group-wide. Michael Siegenthaler, head of the Swiss Labor Market research division at the KOF Institute, has observed a trend since 2024: especially in certain IT jobs and heavily language-based roles, the job market has weakened because of AI, and fewer entry-level positions are being advertised. At the same time, it remains unclear whether the hoped-for productivity gains actually materialize in day-to-day work.
