The boss no longer pays salaries but continues to hire as if nothing had happened, ignoring his colossal debts

The CEO of a Swiss real estate agency has accumulated debts of several millions in recent years (illustrative photo). Hunters Race – UNSPLASH

The boss of a Swiss real estate company has accumulated debts worth several millions. Employees denounce the fact that he no longer pays them and take the company to court. The CEO disputes these accusations and continues to hire new staff.

The CEO of a Swiss real estate agency has accumulated debts of several millions in recent years, says Blick. According to employees who wish to remain anonymous due to ongoing legal proceedings, the boss has stopped paying their salaries. A large part of the staff would have resigned for this reason, according to the Swiss media.

Months without news

The company, initially flourishing, began to falter two years earlier. During this period, according to two employees, the boss stayed abroad for several months without giving any news. "We stayed in the office without orders" , testifies an employee on Blick.

The CEO denies all accusations

The CEO denies any blame. "It happened that in 2023 salary payments were made a little late", he concedes, quoted by our colleagues from the Swiss daily.

New hires

The boss of the real estate company continues as if nothing had happened and hires new staff. A young woman, hired at the end of 2023, testifies to having received her salary "one month late" and & quot;after several requests". She chose to resign during her probationary period. On its website, the real estate agency advertises with this slogan: "Transparent, honest, fair".