Sunrise Launches Job-Cut Consultation as Part of Streamlining Drive
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Sunrise Communications AG is restructuring to enhance efficiency, launching a consultation for a potential reduction of up to 190 jobs, primarily in management. The process, expected to conclude by March 2026, includes a comprehensive social plan for affected employees. The latest analyst rating for Sunrise stock (CH:SUNN) is a Sell with a price target of CHF36.00. The company, a Swiss telecommunications provider, has a current market cap of CHF3.05B and a year-to-date price performance of -0.94%.
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