SIX weighs up job reductions in cost-cutting plans

SIX plans to reduce its cost base by more than CHF 120m over the next three years, it announced in its annual results for 2024 today.

‘This may include a reduction of around 150 positions across the group by year-end 2025, partly through natural attrition and early retirements,’ it said.

SIX is targeting mid-single-digit income growth and increasing the Ebitda margin from 28% in 2024 to more than 40% by the end of 2027.