Swiss defense firm Ruag to cut up to 49 jobs in efficiency drive

Ruag, Switzerland's state-owned defense contractor, announced plans to cut up to 49 jobs across its Bern, Thun, and Emmen sites as part of an efficiency program. The move signals cost pressures in the European defense sector despite rising military budgets, and may reflect restructuring ahead of strategic shifts. The impact is limited given the small scale, but it highlights ongoing consolidation in the Swiss defense industry.