The Federal Council is losing patience with the Post and is issuing an ultimatum: make a profit or exit
The post office is trying to become a tech company. But the losses are gigantic. Now the Federal Council is intervening. Nevertheless, the Swiss IT scene is on high alert.
The Swiss Post is struggling to establish itself as a tech company, with its Digital Services division accumulating significant losses. Despite investing nearly half a billion francs in acquisitions between 2020 and 2024, the division reported a loss of 51 million francs last year and 67 million francs the year before. The Swiss Federal Council has intervened, instructing the Post to achieve a balanced result in its Digital Services division by 2028, or risk having to consider exit strategies.
The IT industry is concerned that the Post's expansion into digital services is distorting the market and giving it an unfair advantage over private competitors.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.