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2026-10-24 · UTCPublished

The Day in Watchmaking

8 stories selected from the day’s reporting. Zenith to Cut About 200 Jobs in Shift Toward High-End Watchmaking.

Top Stories

Zenith plans to eliminate about 200 jobs as it shifts its focus toward high-end watchmaking. The restructuring follows several years of losses and expectations of challenging market conditions. Chief executive Benoit de Clerk announced the changes, according to Swiss newspaper Le Temps.

Why it matters (interpretation): This suggests Zenith is pursuing a substantial strategic reset rather than a temporary cost reduction, betting on higher-end watchmaking to address sustained losses.

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