US EditionBusiness News: Swiss Watch Industry Faces First Employment Downturn Since Post-Covid Era
6 Articles
6 Articles
Jobs have declined compared to 2024. Short-time work has weakened the decline.
The annual census of the employers' convention shows the first decline in employment in the sector since the exit of the covid. In proportions still measured thanks to the net of partial unemployment, which a quarter of the enterprises set up Everything overlaps. The chronic loss of volumes, visible for years in Swiss watch export statistics, begins to be reflected in the evolution of jobs. Overall, the branch lost 835 posts between 2024 and 202…
Business News: Swiss Watch Industry Faces First Employment Downturn Since Post-Covid Era
Jobs in the Swiss watch industry declined this year for the first time since the post-COVID era, as watch brands and suppliers weathered a downturn in demand and heightened uncertainty amid slowing economic growth and trade challenges. Employment in the watch sector in Switzerland fell by 835 jobs or about 1.3% compared to 2024, the Convention Patronale de l'Industrie Horlogère Suisse (Employer's Convention of the Swiss Watchmaking Industry), sa…
The workforce in the Swiss watch industry recorded their first decline since the post-Covid period, measured at the end of September, informs the industry's bosses on Tuesday.
The workforce in the Swiss watch industry recorded their first decline since the post-Covid period, measured at the end of September, informs the industry's bosses on Tuesday.
Compared to the previous year, the Swiss watch industry lost 1.3 percent of its jobs. Short-time work has prevented worse things.
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