Sunrise trims Swiss workforce amid restructuring and weaker Q2 sales
Sunrise Communications plans to cut 358 jobs in Switzerland, fewer than the 450 initially proposed after talks with employee representatives. The telecom operator's second-quarter revenue declined 2.6% to CHF 712.9 million, while adjusted EBITDA after leases fell 3.8%. The restructuring is intended to reduce costs and support its goal of CHF 1 billion EBITDA in 2026.
The cuts could affect employees and their households in Switzerland, as well as remaining staff who may face changed roles or workloads. Customers may see service priorities shift as the operator pursues efficiency, though network and service effects are uncertain. Suppliers and local communities could also feel indirect effects if spending and contracts are reviewed. Because the company is also targeting subscriber retention and growth, the social impact may depend on how restructuring is implemented and whether service quality remains stable.