• 18/05/2025 15:53

In Zurich, they accidentally paid double salaries to employees: the error cost $200 million

ByNazar Bogudan

Feb 28, 2024

In the Swiss city of Zurich, more than 30 thousand employees received double salaries, but this turned out to be a mistake. Now they must return the money, since the budget lost 175 million Swiss francs ($200 million) because of this. Bussines Insider writes about this.

Zurich accidentally paid double salaries to employees: the mistake cost $200 million

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As reported in the financial department of the city, “a technical error occurred.” Officials were surprised by the sudden increase in wages, some joking that this was compensation for high inflation.

Currently, city authorities are sending messages to employees with instructions explaining how to return the money.

p>Inflation in Switzerland in 2023 was 1.7%.

minfin.com.ua

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