7.1Personnel expenses

CHF million

2024

2025

Wages and salaries

– 224.6

– 190.9

Social security and other personnel expenses

– 55.6

– 46.0

Personnel expenses excluding restructuring

– 280.2

– 236.9

Personnel related restructuring costs

– 6.0

– 28.7

Personnel expenses

– 286.2

– 265.6