The Swiss steel industry is facing a significant crisis as the Gerlafingen steel plant announces another round of layoffs, with 120 jobs at risk.

This follows the earlier dismissal of 59 employees and the closure of a production line in the spring.

The plant's future is uncertain, with high electricity costs cited as a major challenge.

Antonio Beltrame, the Italian owner, criticizes Switzerland's energy policies, noting that electricity costs are up to five times higher than in neighboring France.

Despite substantial investments in reducing emissions, the plant struggles financially.

Unions are calling for urgent government intervention to protect jobs and ensure the plant's sustainability.

The situation highlights broader concerns about Switzerland's industrial competitiveness amid rising energy costs.