News30.10.2025
Employment in the banking sector: stability despite change and disruption
Employment in the Swiss banking sector is frequently at the centre of public discussions. Media reports of mass layoffs and rising unemployment paint a picture of increasing uncertainty, especially following the takeover of Credit Suisse by UBS and in the context of current debates over regulation. On top of this, figures released by the Canton of Zurich’s Department for Economic Affairs show that the number of jobless bank staff is currently the highest it has ever been. Meanwhile, Swiss Banking’s Banking Barometer 2025 reports stable employment levels. Given this apparent discrepancy, what does the sector’s actual employment trend look like in this time of change and disruption?