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Swiss Life to Cut Around 600 Positions by the End of 2028

Summary by BizToc
The cuts will take place largely through attrition, with about half expected in Switzerland and the other half at its asset-management operations abroad.

14 Articles

The insurer is on course with its business figures, but reduces the number of its employees. Half of the job cuts are to be made in Switzerland.

·Zürich, Switzerland
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Lean Left

On Tuesday, the Zurich insurer announced results above expectations over the first six months of the year. However, this dynamic is accompanied by a decrease in the number of employees to come. By the end of 2028, approximately 600 positions will be abolished, half of which in Switzerland, in order to gain "efficiency"

·Geneva, Switzerland
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Lean Left

Swiss Life, Switzerland's leading life insurance firm, has decided to downsize despite a strong financial performance by boosting profits in the first half of 2026.

·Türkiye
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Despite good figures, the life insurer will be able to fill around 600 jobs by the end of 2028.

·Zürich, Switzerland
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Bias Distribution

  • 56% of the sources lean Left
56% Left

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Handelsblatt broke the news in Düsseldorf, Germany on Monday, August 31, 2026.
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