Planned job cuts at SRF take place at a slower pace
Job cuts at SRF are proceeding more slowly than originally planned. Since the beginning of the year, 88 jobs have been cut. Another 145 were scheduled to follow by the end of the year. However, management has now decided to stagger the job cuts over time until the end of 2023.
About 60 full-time positions will be eliminated by the end of the year, another 60 or so during 2022 and about 25 positions in 2023, SRF said Friday. The phasing is expected to reduce the number of redundancies through natural attrition and early retirements.
Due to declining advertising revenues and for the digital transformation, SRF has to implement cost-cutting and personnel measures. SRF Director Nathalie Wappler informed employees about the current status on Friday morning. The deceleration in staff reductions is also in line with a wish expressed by employees during the consultation process.
The reduction to date of 88 full-time positions involved 27 redundancies. The remaining positions were reduced through ordinary or early retirements as well as natural attrition, according to the statement. (SDA)
