SBB warns wage cuts needed to fund Pensionskasse

By 2008-04-04T11:30:00

[12:30 CEST 04-04] SWITZERLAND – The global financial crisis has aggravated the financial situation of the Pensionskasse for SBB, the Swiss federal railways operator, so much it is now asking for state aid or it will have to cut wages by up to 6%.

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