Lausanne is the capital city and biggest town of the canton of Vaud in Romandy, Switzerland. It is situated on the shores of Lake Léman. It faces the French town of Évian-les-Bains, with the Jura Mountains to its north-west. Lausanne is located 62 kilometres (38.5 miles) northeast of Geneva.
The municipality of Lausanne is the fourth largest city in Switzerland. The metropolitan area of Lausanne-Geneva (including Vevey-Montreux, Yverdon-les-Bains, Valais and foreign parts), is commonly designated as Arc lemanique is the fastest growing in Switzerland.
Lausanne is a focus of international sport, hosting the International Olympic Committee (which has recognised the city as the "Olympic Capital" since 1994), the Court of Arbitration for Sport and some 55 international sport associations. It lies in a noted wine-growing region. The city has a 28-station metro system, making it the smallest city in the world to have a rapid transit system. Lausanne hosted the 2020 Winter Youth Olympics.
As of 2008, there were 114 people employed in the primary economic sector and about 25 businesses involved in this sector. 6,348 people were employed in the secondary sector and there were 698 businesses in this sector. 83,157 people were employed in the tertiary sector, with 6,501 businesses in this sector.
The number of jobs in the primary sector was 93, of which 56 were in agriculture, 34 were in forestry or lumber production and 3 were in fishing or fisheries. The number of jobs in the secondary sector was 6,057 of which 1,515 or (25.0%) were in manufacturing, 24 or (0.4%) were in mining and 3,721 (61.4%) were in construction. The number of jobs in the tertiary sector was 68,891. In the tertiary sector; 8,520 or 12.4% were in wholesale or retail sales or the repair of motor vehicles, 2,955 or 4.3% were in the movement and storage of goods, 4,345 or 6.3% were in a hotel or restaurant, 4,671 or 6.8% were in the information industry, 6,729 or 9.8% were the insurance or financial industry, 8,213 or 11.9% were technical professionals or scientists, 5,756 or 8.4% were in education and 14,312 or 20.8% were in health care.
Large companies headquartered in Lausanne and its metropolitan area include: Banque cantonale vaudoise, banking • Bata Corporation, shoe manufacturing • Bobst SA, machinery • Compangie financière Tradition, financial services • CGN, shipping • Edipresse, publishing • ELCA, IT • Eni Suisse SA, oil & gas • Kudelski Group, IT • Landolt & Cie, banking • Logitech, computer peripherals • Nespresso, coffee (an operating unit of Nestlé) • Payot, retail • Philip Morris International, a tobacco company . • Retraites Populaires, financial services • Sophia Genetics, biotechnology • Tetra Laval, packaging • Vaudoise Assurances, financial services.
Lausanne is rated Gamma - by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Gamma level cities are cities that link smaller economic regions into the world economy.
Lausanne was ranked #1255 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Lausanne has a population of over 140,000 people. Lausanne also forms part of the wider Lausanne metropolitan area which has a population of over 420,000 people.