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Swiss Ability to Fire Staff at Will Is a Model Merz Can Dream Of

Bloomberg Markets
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Swiss Ability to Fire Staff at Will Is a Model Merz Can Dream Of

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Switzerland’s economic resilience is showcasing the prowess of one of Europe’s most business-friendly domains, where companies can fire workers with relative impunity.The freedom to largely dismiss staff at will, along with leaner regulation and low taxes, is treasured by employers in a country whose competitiveness keeps getting squeezed by a perennially strong franc, and some of the world’s highest salaries.

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Source: Bloomberg Markets