Sunrise Launches Job-Cut Consultation as Part of Streamlining Drive

Sunrise Communications AG Class A ( (CH:SUNN) ) has shared an announcement.

Sunrise is restructuring its organisation to simplify its company structure and increase efficiency, targeting shorter decision-making paths through wider management spans, fewer hierarchy levels and greater use of new technologies. As part of this streamlining, the company has launched a consultation procedure with employee representatives and the syndicom trade union on a planned reduction of up to 190 jobs, mainly affecting management positions while largely excluding shop and customer service staff with direct customer contact and fully exempting apprentices. The process is expected to conclude with potential dismissals in February and March 2026, and Sunrise has highlighted a comprehensive social plan that offers financial support, outplacement services, a fund for hardship and qualification measures, special provisions for employees over 58 including bridging contracts and early retirement contributions, and a focus on rapid reintegration of younger employees into the labour market, aiming to mitigate the impact of the cuts on affected staff and maintain operational stability.

The most recent analyst rating on (CH:SUNN) stock is a Sell with a CHF36.00 price target. To see the full list of analyst forecasts on Sunrise Communications AG Class A stock, see the CH:SUNN Stock Forecast page.

More about Sunrise Communications AG Class A

Sunrise is a Swiss telecommunications provider offering mobile, internet, TV and related services, with a strong focus on retail shops and customer service operations serving residential and business customers nationwide.

YTD Price Performance: -0.94%

Average Trading Volume: 305,136

Technical Sentiment Signal: Strong Sell

Current Market Cap: CHF3.05B

For detailed information about SUNN stock, go to TipRanks’ Stock Analysis page.