In Switzerland, business leaders and unions are rallying against a referendum set for Sunday that proposes capping immigration. The initiative, led by the Swiss People's Party (SVP), seeks to limit the population to below 10 million by 2050, citing issues like overcrowding and rising rents as justification. However, many fear this could severely impact the economy, particularly sectors reliant on foreign labor, such as healthcare and construction. The hotel industry, where over 50% of employees are foreign nationals, is particularly concerned about worsening labor shortages. The SVP's plan includes quotas for 40,000 immigrants per year, but critics argue this is inadequate. Additionally, there are worries that the initiative could jeopardize Switzerland's trade agreements with the EU, its largest trading partner, where more than half of Swiss exports are directed. Trade unions have also raised alarms about potential job losses and weakened labor protections if the proposal passes.