At the end of September 2020, the workforce in the Swiss watch industry stood at 57,550 workers, a reduction of 1,553 jobs (-2.6%) compared with the previous year. The decline is comparatively moderate, given the strong impact of the pandemic on the world economy and watch exports.
Swiss watchmaking: the workforce has contracted by 3%
At the end of September 2020, the workforce in the Swiss watch industry stood at 57,550 workers, a reduction of 1,553 jobs (-2.6%) compared with the previous year. The decline is comparatively moderate, given the strong impact of the pandemic on the world economy and watch exports.
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t the end of September 2020, there were 57,550 people working in the Swiss watch and microtechnology sector, 1,553 fewer than the previous year (-2.6%). This is according to the annual census of the sector carried out by the Employers’ Convention of the Swiss Watch Industry (CP).
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