According to CH Media, between 1,000 and 1,400 posts are planned for its hubs in Riga and Rotterdam, where wages are lower.
The sites, opened in 2019 and 2020, already employ up to 800 staff. Swisscom once insisted this would not affect Swiss jobs, blaming a shortage of specialists. Now, it openly cites cost savings.
The staff union fears several hundred domestic jobs will be lost in coming years.
The move follows Swisscom’s costly Vodafone Italia takeover, which pushed first-half profits down 25 percent to 625 million francs - though the group still plans to raise its dividend for the first time since 2010.
Voters have rejected the ‘No to 10 Million’ initiative. But commentators say the strength of the yes vote is still a cause of concern for the government.
Thousands of people across the country have taken part in feminist strike events calling for equal pay, an end to gender-based violence and greater rights for women.