Immigrants are keeping Switzerland’s population young; Swisscard cuts 40 jobs at its Zurich headquarters; and more news in our roundup on Monday.
Immigration has been a hot-button topic in Switzerland for decades
As the Swiss People’s Party (SVP) ’No to 10 million’ initiative is gaining momentum before the November 14th national referendum, it is worth remembering that – even though the measure is highly contentious – it is hardly unique.
In fact, according to political scientist Michael Hermann, the issue of immigration has been sparking intense political debates, as well as referendums, for decades: more than a dozen have been voted on since the 1960s
But while the context varies, the arguments put forward by each side “have remained remarkably consistent over the years,” he said.
And more on this topic:
Immigrants are keeping Switzerland’s population young
While the SVP initiative focuses only on the negative aspects of foreigner-driven population growth, data from the Federal Statistical Office (FSO) indicates that immigration also slows down the country’s aging process.
Without it – and given that Switzerland’s birth rate has been falling for years – the country would have significantly fewer working-age people and more retirees.
This kind of demographic would have many repercussions on both the pension and social insurance system.
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Swisscard cuts jobs: 40 positions are eliminated
The Swiss credit card provider Swisscard is undergoing restructuring.
As a result of this move, which will go into effect on May 1st, 40 jobs will be cut at the company’s headquarters in Horgen, Zurich.
Swisscard said the reorganisation’s goal is to ensure the company’s long-term sustainability.
With this measure, the Swisscard is joining a long list of companies in Switzerland that have already, or are continuing to cut dozens, hundreds, and even thousands of jobs.
READ MORE: The companies in Switzerland that are cutting jobs in 2026
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Switzerland recorded a slight increase in racism last year
In 2025, the Advisory Network for Victims of Racism recorded and analysed a total of 1,245 cases of racial discrimination, the government announced on Friday.
This represents 34 more cases than in the previous year – an increase of approximately 3 percent.
The majority of reported cases occurred in the fields of education and training, in the workplace, in public spaces, and within neighbourhoods.
They most frequently involve racism against Black people.
Furthermore, a distinct rise in cases of Islamophobia was recorded, while antisemitism remained at a high level as well.
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