The Swiss logistics firm - Kühne+Nagel - says it will have to lay off 2,000 staff. Around 1,000 more than previously believed.
The company, which is based in canton Schwyz, employs 80,000 world-wide.
It says it hopes the job cuts will save CHF 150m - but it still wants to save a further CHF 50m.
Sales are down, but profits have been hit due to the strong franc.
Swiss Post pays tribute to driver and other victims of fire
Swiss Post has gone ahead with its annual results press conference despite the deadly bus fire in Kerzers that killed six people, including a PostBus driver.
No plans yet for possible G7 unrest in Geneva
Authorities in Geneva are preparing for possible unrest ahead of the G7 summit in the nearby French town of Évian in June.
SWISS suspends flights to Dubai
SWISS International Airlines has extended the suspension of its flights to Dubai until March 28.
Delete pictures to save the planet
Geneva is organizing a digital detox day on March 20th to highlight the environmental impact of technology.
Bankrupt energy company agressively targeted the elderly
Investors in the collapsed Swiss energy company Prime Energy say they were aggressively targeted before the firm went bankrupt in November 2024.
Car pool lane for Bardonnex
A carpool lane is set to be introduced at the busy Bardonnex border crossing between France and Geneva.
