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2 clusters · 3 sources · 7 days · First seen · Last updated

Restructuring of Swiss defense company Ruag

Overview

The Swiss Federal Council has approved a proposal to restructure the state-owned defense company Ruag MRO into a special-law joint-stock company. This transition aims to improve management and meet security policy requirements by adopting a governance model similar to Swiss Post and SBB. The proposal includes new measures such as mandatory interest disclosures for board members and provisions to reassign essential personnel to military units during crises.

Following these structural developments, Ruag announced a reorganization plan that may result in up to 49 job cuts across Bern, Thun, and Emmen. The company cited insufficient capacity due to a lack of customer orders in its Ground Business Area and plans to outsource certain IT functions to the Federal Office of IT and Telecommunications to increase efficiency. A consultation process with employees is currently underway.

Entities

Swiss Federal Council · Bern · Swiss Parliament · Federal Office of IT and Telecommunications · Ruag

Timeline

  1. about 21 hours ago

    [BUSINESS] 2 sources
    Ruag announces reorganization and potential 49 job cuts

    Swiss defense firm Ruag has announced a reorganization that may lead to up to 49 job cuts across Bern, Thun, and Emmen due to low order volumes and IT outsourcing.

  2. 7 days ago

    [BUSINESS] 2 sources
    Ruag MRO restructuring proposal sent to Swiss Parliament

    The Swiss Federal Council proposes converting state-owned defense firm Ruag MRO into a special-law joint-stock company to enhance security oversight and governance.

Sources

cash.ch · finanznachrichten.de · moneycab.com