The Business Times
SUBSCRIBERS

Swiss hearing aid maker Sonova to move jobs, freeze pay

Published Tue, Mar 3, 2015 · 09:50 PM
Share this article.

Zurich

SONOVA, the world's largest maker of hearing aids, will shift jobs out of Switzerland and freeze pay for Swiss staff as it cuts costs to cope with a surge in the value of the franc.

Switzerland's central bank scrapped the cap on the franc against the euro on Jan 15, an u…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here