Swiss banking giant plans mass layoffs after Credit Suisse takeover – media ...News

News by : (Russia Today) -
UBS may eliminate more than 30,000 jobs worldwide, a newspaper writes UBS Group AG will slash its workforce by between 20% and 30% after completing its takeover of rival Credit Suisse, letting go as many as 36,000 employees globally, the newspaper Sonntagszeitung has reported, citing a senior manager at UBS.  The newspaper highlighted that some 11,000 employees would be dismissed in Switzerland, although it did not provide any details about which positions would be targeted. The two lenders together employed almost 125,000 people worldwide at the end of 2022, about 30% of which were in Switzerland, according to th

Hence then, the article about swiss banking giant plans mass layoffs after credit suisse takeover media was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Swiss banking giant plans mass layoffs after Credit Suisse takeover – media )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار