Swiss Broadcasting Corporation to cut 1,000 jobs by 2029

The Swiss Broadcasting Corporation, SWI swissinfo.ch's parent company, will cut around 1,000 full-time positions by 2029. The SBC confirmed media reports about the savings programme to the Keystone-SDA news agency on Thursday. According to reports in Tamedia newspapers, the estimated savings will be made as part of the so-called Enavant transformation project announced by new SBC director-general Susanne Wille. + Get the most important news directly in your inbox Wille took up her post on November 1. In a speech on her very first day of work, she announced the "biggest transformation" in the company's history, the report said. This involves savings of around CHF270 million ($305.5 million) by 2029, which according to the SBC corresponds to a budget reduction of around 17%. + Swiss publisher Tamedia makes massive job cuts and closes printing plants Various factors putting SBC under pressure The reasons cited by the public broadcaster for the savings programme are: the gradual ...