corporate News - Swiss Observer

Third of Swiss Companies Report Ethics Violations

New whistleblowing report reveals widespread corporate misconduct with average damages of CHF95,000 per incident

Leadership Crisis Rocks Nestlé Following Executive Scandal

Swiss food giant Nestlé faces major upheaval as both CEO and chair depart amid controversy, marking unprecedented leadership crisis at the 159-year-old company.

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Leadership Crisis Rocks Nestlé Following Executive Scandal

12:00 PM·business

Leadership Crisis Rocks Nestlé as CEO and Chair Exit

Swiss food giant faces unprecedented leadership vacuum following scandal involving undisclosed relationship

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Leadership Crisis Rocks Nestlé as CEO and Chair Exit

08:00 AM·business

Nestlé Leadership Shake-up: Chairman Steps Down Early

Nestlé Chairman Paul Bulcke announces early departure, accelerating leadership transition amid recent executive changes at the Swiss food giant.

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Nestlé Leadership Shake-up: Chairman Steps Down Early

04:00 PM·business

Swiss CEO Compensation Surges 7.4% in 2024

Swiss executives' salaries reach pre-2014 levels with average CEO compensation hitting CHF8.3 million, driven by variable bonuses and stock performance.

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Swiss CEO Compensation Surges 7.4% in 2024

04:00 PM·business

Swisscom profits drop 25% amid Vodafone Italia integration

Swiss telecom giant reports significant profit decline in first half of 2025 due to integration costs

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Swisscom profits drop 25% amid Vodafone Italia integration

04:00 PM·business

Nestlé French Headquarters Searched in Water Treatment Investigation

French authorities conduct search at Nestlé's headquarters near Paris amid probe into alleged illegal mineral water treatment practices

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Nestlé French Headquarters Searched in Water Treatment Investigation

12:00 PM·business

Swiss Chemical Giant Faces €1 Billion Price-Fixing Lawsuit

Clariant confronts major legal challenge as Austrian petrochemicals group OMV files price-fixing lawsuit in Amsterdam court.

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Swiss Chemical Giant Faces €1 Billion Price-Fixing Lawsuit

04:00 PM·business

Valais Emerges as Top Corporate Relocation Destination

Canton Valais leads Switzerland in net corporate relocations while Zurich loses businesses, revealing shifting business landscape within the country.

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Valais Emerges as Top Corporate Relocation Destination

12:00 PM·business

Twint Payment App Tops Swiss Corporate Reputation Rankings

Digital payment provider Twint achieves highest corporate reputation score in Switzerland, followed by Zweifel and Ricola, reflecting growing trust in fintech.

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Twint Payment App Tops Swiss Corporate Reputation Rankings

12:00 PM·business

Sandoz Foundation to Divest CHF2.6B Novartis Stake

Major shareholder announces significant sale of shares as part of strategic portfolio diversification

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Sandoz Foundation to Divest CHF2.6B Novartis Stake

12:00 PM·finance

Glencore Reports $1.6 Billion Loss Amid Coal Price Decline

Swiss commodities giant Glencore announces $1.6 billion loss for 2024, despite revenue increase to $231 billion, as falling coal prices impact profitability.

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Glencore Reports $1.6 Billion Loss Amid Coal Price Decline

04:00 PM·finance

UBS Creates Two-Tier Benefits System Post-Credit Suisse Merger

Former Credit Suisse employees retain exclusive sabbatical rights, highlighting ongoing integration challenges two years after merger

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UBS Creates Two-Tier Benefits System Post-Credit Suisse Merger

08:00 AM·business

SGS Announces Headquarters Relocation from Geneva to Zug

World's leading testing and certification company SGS plans strategic move of headquarters, citing proximity to Zurich Airport and operational efficiency.

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SGS Announces Headquarters Relocation from Geneva to Zug

08:00 AM·business

SGS Announces Historic Move from Geneva to Zug

The world's leading testing and certification company SGS plans to relocate its headquarters from Geneva to Zug, ending over a century of presence in Geneva.

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SGS Announces Historic Move from Geneva to Zug

04:00 PM·business

Coop Ends The Body Shop Franchise in Switzerland

Retailer Coop announces termination of The Body Shop franchise agreement in Switzerland, affecting 33 stores and 108 employees who will be offered alternative positions.

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Coop Ends The Body Shop Franchise in Switzerland

04:00 PM·business

Swiss Billionaire Creates New Charitable Foundation

Martin Haefner, Amag owner and prominent Swiss industrialist, establishes non-profit foundation as part of succession planning for company holdings.

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Swiss Billionaire Creates New Charitable Foundation

12:00 PM·business

Johnson & Johnson Announces Job Cuts in Swiss Operations

Healthcare giant plans workforce reduction across its nine Swiss locations as part of organizational restructuring, affecting portion of 5,600 employees in Switzerland.

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