Swiss Post implements branch network reduction according to plan
Published: Sunday, Sep 8th 2024, 07:10
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Swiss Post is implementing the reduction of its branch network as planned, regardless of political initiatives. The corresponding decisions were made as part of the current Swiss Post strategy, as Swiss Post CEO Roberto Cirillo said in an interview.
Without this legal certainty, a seven-billion-euro business with around 46,000 employees could not be developed further, said Cirillo in an interview with "SonntagsBlick". The newspaper asked the CEO about initiatives that will be dealt with by parliament during the fall session and which aim to reverse the downsizing.
Cirillo thinks it is "right and important" that politicians are discussing Swiss Post. However, the 170 post offices would "not simply be dismantled", he said. They would be converted into branches with partners. Over the next four years, Swiss Post will invest 100 million francs in the development of the branches.
Swiss Post is closing around one in five of its branches by 2028, as it announced in May. This means that in four years' time, there will still be 600 post offices and 2,000 locations served. No jobs are likely to be cut as a result.
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