TX Group

About 400 people protested in Zurich against the announced job cuts at Tamedia, yet a few hours later the first employees were summoned to dismissal talks. Management called the measures "economically necessary" and had announced the elimination of 34 full-time positions; in total 41 employees will lose their jobs. The TX Group share reacted with a drop of around 2.1 percent. » Mere på finanzen.net

Tamedia employees in western Switzerland are opposing the TX Group’s announced reduction of 41 positions in Switzerland, 13 of them in Lausanne and Geneva. The editorial teams say this affects nearly ten percent of the French‑speaking workforce and also criticize the increased use of AI and automation, which they say will displace people. The staff are calling for no layoffs and for a transparent dialogue about the future of journalism in western Switzerland. In SIX trading, the TX Group share rose intraday by up to 1.43 percent to CHF 170.40. » Mere på finanzen.net

Publishing house Tamedia intends to cut 34 full-time positions; 41 employees in the newsrooms in Zürich, Bern, Basel, Lausanne and Genf are affected. The announcement led to a slight rise in the TX Group share to around CHF 170 in Swiss trading. » Mere på finanzen.net

Tamedia has expanded its politics project into a paid subscription offering and launched the new platform Politbüro.ch. At its core is a weekly podcast, supplemented by an exclusive newsletter, in‑depth articles, voting formats and planned events with politicians and experts. The offering targets users willing to pay; the annual subscription is being offered at an introductory price. On the market, TX Group shares slipped slightly. » Mere på finanzen.net

Mobiliar reduced its stake in Swiss Marketplace Group from 19.3% to 11.8% and remains a significant shareholder with representation on the board of directors. TX Group bought 3'426'731 shares at CHF 28.50 each, raising its stake to 34.9%, remaining below the opting-up threshold of 35% and thus not triggering a mandatory offer. SMG also acquired around 1.0 million of its own shares from the placement; further shares were sold to institutional investors. » Mere på finanzen.net