Tag: Swiss watchmakers

Clock ticking as Swiss watchmakers await market recovery

LE LOCLE, Switzerland (Reuters) – In two small Swiss towns, watchmakers are trying to strike a balance as delicate as the mechanisms in their precision-engineered watches – squeezing suppliers to cope with an industry crisis while preserving the skills that drove past successes. Every gesture is precise, calibrated. And requires patience and dexterity. In 150-year-old Swiss luxury watchmaking manufacture Zenith, 250 people work each day to invent, design, assemble, decorate tiny mechanisms, or movements, into […]