The Swiss financial group Six is currently facing significant challenges, leading to expectations of substantial job losses as part of a restructuring initiative. This situation has arisen following a notable decline in shares of Worldline, a digital payment company in which Six holds a 10 percent stake.

Recent performance issues with Worldline have raised serious concerns, as potential losses could negate the entire profit of Six. This highlights the urgency of the current circumstances. Furthermore, the acquisition of the Spanish stock exchange has not yielded the expected benefits and has instead turned into a financial burden.

Under the leadership of CEO Thomas Wellauer, Six is implementing immediate and substantial cuts through various restructuring programs. The company is preparing for a significant workforce reduction, with estimates suggesting that up to ten percent of its approximately 4,000 employees may be affected. A spokesperson for Six has opted not to provide additional comments on the situation.

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