In a true deflationary atmosphere, firms will receive less money and eventually the equilibrium of the economy hits a 'tipping point' where wages will have to g

In a true deflationary atmosphere, firms will receive less money and eventually the equilibrium of the economy hits a 'tipping point' where wages will have to go down. Switzerland isn't there, the price of domestic goods has actually gone up slightly, only the price of imported goods has gone down drastically. And you're also right about the stickiness of wages - generally firms don't reduce wages, but lay off workers then re-hire at lower wages. Either way the effect at the macro level is the same.