Swiss Post Office cuts
The Swiss Post Office says it is considering additional cost-cutting measures in a bid to remain competitive and avoid a massive deficit in the next few years.
The Post Office wants to renegotiate working conditions and salaries for its employees, spin off its express delivery service and merge the parcel division with its logistics unit. Management said more jobs would have to go at the postal service, in addition to the 800 already set to be lost by 2008.
