Sunrise to Cut 358 Jobs in Switzerland as Q2 Revenue Falls 2.6%, Targets CHF 1 Billion EBITDA in 2026

Swiss telecom operator Sunrise Communications has announced 358 job cuts as part of a multi-year restructuring programme aimed at reducing operating costs, improving efficiency and strengthening its position in Switzerland’s competitive mobile and broadband markets. The workforce reduction comes as Sunrise faces pressure on revenue and profitability despite improvements in mobile subscriber additions, broadband customer acquisition and free cash flow. Sunrise initially proposed eliminating 450 p