Here you go (if you understand French, German, Italian or Romansh, there is a video)

https://www.admin.ch/fr/initiative-durabilite

https://www.udc.ch/actualites/campagnes/pas-de-suisse-a-10-m...

The initiator party wants to get Switzerland out of Schengen and of the EU bilaterals - which will happen as a consequence if this passes. Like a Brexit, basically.

Edit: but the CHexit will work just fine, because of the Swiss exceptionalism.

This is a way to enable deportations and curb permit prolongations, to delay reaching the 10m cap (which will create really bad consequences).

As an immigrant in Switzerland, I am quite WORRIED.

Moved out last year after 10y in the Zurich area.

There's always been a pull-and-push between getting skilled workers and protecting the internal labor market. Right-wing political parties never made a secret of the fact that they hated immigrants, because they stole jobs and redirected/exported money that would have otherwise been received by Swiss. IIRC this was historically mostly felt in Ticino (the southern region), where Swiss companies sourced very cheap Italian labor by undercutting Swiss salaries by a lot, shrinking the job market for Swiss people (a Swiss can barely get by in Switzerland with an equivalent Italian salary).

Switzerland is geographically in the middle of Europe, but it's not part of the EU. This allowed the country to thrive outside some of the more restrictive EU regulations and keep its own currency, but because it has a smaller job market that can barely replenish the high-skilled workers pool and is often in defect (not just finance bros, but also doctors, for instance), it always had to import workforce from neighboring countries to some extent. Over the last 40 years Switzerland basically opened up to more-or-less follow many EU rules and put in place agreements to have a play in the same market and be allowed to easily keep importing people it needs.

This initiative as I understand it would be equivalent to a Brexit (because sooner or later the cap would be hit, considering more housing keeps being built), which would undo 40 years of openings and IMO greatly weaken the integration with EU, and as a result the country as a whole.

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The people behind this are conservative politicians. They have done so a lot in the last 20 years or so and keep on trying, but the EU regularly stops their shenanigans.

For the most part the swiss already decided to try to cherry pick as much as possible. They know that if they want to limit movement, then the EU will also limit movement from swiss to other EU countries. And the swiss always disliked that, so they could not go through with it. You can also see that with the UK - they are out of the EU but suddenly want free movement and free trade. Some people can't decide what they want.

It's being proposed in order to maintain quality of life. No one wants to be overcrowded. This is a sane solution: collectively agree on the maximum tolerable population. Then it's down to individual responsibility to obey the norms of one's society.

Edit: unless you're Swiss, your opinion is irrelevant. Swiss voters have a right to decide how they want to live. They're not beholden to EU laws; they can make their own sovereign decisions, and everyone must respect that.

With a birth rate or 1.29, they will need to accept immigrants or face the consequences of a declining population. My guess is that in the end, the next generation of old folk will want taking care of.