Finance
Swiss public broadcaster SRG to cut 900 jobs
Published by Global Banking & Finance Review®
Posted on November 24, 2025
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 24, 2025
1 min readLast updated: January 20, 2026
Swiss public broadcaster SRG will cut 900 jobs by 2029 due to budget cuts from a reduced media levy, aiming for digital transformation and regional collaboration.
ZURICH (Reuters) -Switzerland's public broadcaster SRG is set to cut 900 of its 5,700 full-time positions by 2029, the company said on Monday, amid a squeeze on the body's funding.
The layoffs come as the government imposes budget cuts on the organisation following a decision by the Swiss cabinet to reduce the national media levy, the broadcaster said.
"SRG is pooling its resources, becoming more digital, leaner, and more agile, and will be working more closely across regions in the future," the broadcaster said in a statement.
Under the cuts, SRG must save around 270 million Swiss francs ($334.45 million) by 2029, a sum equivalent to about 17% of its budget last year, the broadcaster said.
($1 = 0.8073 Swiss francs)
(Reporting by Ariane LuthiEditing by Dave Graham)
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