Allianz Trade forecasts a record 15,000 bankruptcies in Switzerland in 2026, Sunrise will cut 358 jobs and stablecoins moved $891 billion in a single quarter. This barometer brings together 15 figures of the week on the Swiss economy, markets, crypto, startups and cybersecurity. All of them come from 2clics.com articles published up to 28 October 2026.
Each figure is attributed to whoever published it. When it is a forecast, a scenario or data supplied by the company itself, the table says so.
Swiss economy: bankruptcies and jobs
| Figure | What it measures | Article |
|---|---|---|
| 15,000 | Corporate bankruptcies forecast in Switzerland for the whole of 2026 by credit insurer Allianz Trade, in its report of 27 October 2026. It would be an all-time record, more than double the 2022 figure. It is a projection, not a count, and the new insolvency law in force since 2025 explains a large part of it, according to the insurer. | record bankruptcies in Switzerland |
| 358 jobs | Cuts decided by telecom operator Sunrise at the end of the consultation, announced on 23 October 2026. In mid-September the Zurich-based group had announced up to 450, i.e. 92 more. The dismissals will be issued in early November. | job cuts at Sunrise |
| 10,000 to 12,000 jobs | Jobs that a departure of UBS could cost in Switzerland, out of the 34,000 the bank employs in the country, according to the Swiss Bank Employees Association (SBPV). It is a scenario put forward in a letter to a parliamentary committee, reported by finews.ch on 26 October 2026, not an established fact. | UBS departure and jobs |
Companies and markets
| Figure | What it measures | Article |
|---|---|---|
| 3.7% | Nestlé's organic growth over the first nine months of 2026, published on 22 October 2026 by the Vevey-based group. Negative currency effects of 3.7% wipe it out: sales remain stable at CHF 65.90 billion. | Nestlé's nine-month sales |
| +15.5% | Increase in sales at Holcim, the Zug-based building materials group, in the third quarter of 2026, to CHF 4.66 billion. The group raises its organic growth target for recurring EBIT to 10% to 12%, a forecast. | Holcim and Sika results |
| $4,008.52 | Price of an ounce of gold in London on 23 October 2026 at around 14:10 GMT, compared with $4,165.58 a week earlier, according to an AWP/AFP dispatch. The yellow metal is falling back to its lowest levels since July. | fall in the gold price |
Crypto
| Figure | What it measures | Article |
|---|---|---|
| $891 billion | Amount transferred in stablecoins between July and September 2026, according to a Coinbase report produced by The Block Pro Research and published on 20 October 2026. Over the twelve months to the end of July 2026, nearly 73% of transfers were made outside US banking hours. A transfer is not a payment. | stablecoin volume |
| $635.6 million | Outflows from US bitcoin ETFs on 22 October 2026, according to Farside Investors. The next morning, the bitcoin price had fallen back to around $81,500, according to Journal du Coin. | bitcoin price below $82,000 |
| 12% | Share of the 25 financial institutions in Switzerland and Liechtenstein surveyed that have launched a tokenised asset offering, according to the Swiss Blockchain Survey 2026 by the University of St. Gallen (HSG). Yet for 80% of them, stablecoins and central bank digital currencies are the main trend over three to five years. | Swiss Blockchain Survey 2026 |
Swiss startups
| Figure | What it measures | Article |
|---|---|---|
| $30 million | Pre-seed round raised by Zurich start-up Enact Intelligence, which develops robots with a sense of force and touch, announced on 22 October 2026. The money is meant to quintuple its team by the end of 2027. | Enact Intelligence funding round |
| Up to $365 million | Equity raised by Basel biotech Windward Bio since its launch in January 2025, according to Startupticker.ch on 26 October 2026. The company has applied to list its shares on the Nasdaq, without having sold any yet: the amount it hopes to raise remains unknown. | Windward Bio targets the Nasdaq |
| 402 companies | Sports tech companies identified in Switzerland by the first Swiss Sportstech Report, commissioned by Swiss Olympic and published on 23 October 2026. The study puts the sector's revenue at CHF 8 billion and its workforce at around 17,000 full-time equivalents. | sports tech study |
Cybersecurity, data and fintech
| Figure | What it measures | Article |
|---|---|---|
| 455 reports | Data security breaches reported to the Federal Data Protection and Information Commissioner (FDPIC) since the start of 2026, compared with 343 for the whole of 2025. Adrian Lobsiger said so in an interview relayed on 25 October 2026; in his view, the real number is probably considerably higher. | data breach reports |
| 6% | Share of Swiss small and medium-sized enterprises (SMEs) that suffered a serious cyberattack within three years, according to Mobiliar's “SME Cybersecurity 2026” study, published on 22 October 2026. This share was 4% in 2024 as in 2025; 7% of SMEs have already been victims of extortion. | SME cybersecurity study |
| Around 300 shops | Merchants using PimPay, a commission-free payment solution from French-speaking Switzerland launched in July 2026, as of 27 October 2026, along with 5,000 consumers. These are the company's own figures, with no published external audit. The merchant pays a fixed subscription of 0 to 29 francs per month. | PimPay commission-free payments |
What the week says about the trends
Employment is under pressure, but the figures are not of the same nature. Sunrise's 358 jobs are a decision, taken after consultation. Allianz Trade's 15,000 bankruptcies are a forecast, partly inflated by the new insolvency law. The 10,000 to 12,000 jobs put forward by the SBPV describe a scenario, in the debate on UBS's capital requirements.
The franc is weighing on the accounts of the large groups. At Nestlé, currency effects exactly cancel out organic growth over nine months. Holcim, for its part, beats expectations and raises its targets once again.
Doubts about artificial intelligence spending have swept through several markets. On 22 October 2026, the Nasdaq lost 2.6%: bitcoin followed tech stocks, and copper fell in their wake. Gold, for its part, did not play its role as a safe haven, according to the analysts quoted.
In crypto, usage is advancing faster than the Swiss offering. Stablecoins are circulating in large volumes, nights and weekends included, but only a minority of the institutions surveyed by the HSG already offer tokenised assets.
Swiss startups are raising big sums, often with foreign backing. Enact Intelligence closes a first round of $30 million, Windward Bio is targeting the Nasdaq, and the sports tech report finds that growth capital comes mainly from abroad. In cybersecurity, the signals are also rising: more reports to the Commissioner and more SMEs affected. A report is not an incident, however, and the rise in affected SMEs is based on a survey.
The previous week's figures are in the barometer of 21 October 2026. The economic context is detailed in our article on Swiss economic growth.
