UBS initiates job cuts in Switzerland

UBS said to cut hundreds of Swiss jobs amid Credit Suisse integration
UBS Group (UBS) is reportedly cutting hundreds of jobs in Switzerland, affecting several levels, as part of its integration of formal Swiss rival Credit Suisse.
UBS releases ‘hundreds’ of staff in fresh wave of job cuts
Swiss bank UBS has begun a wave of job cuts in its home market Switzerland, with hundreds of employees receiving notice in recent weeks.
UBS initiates job cuts in Switzerland following Credit Suisse integration - Bloomberg
UBS Group AG (NYSE:UBS) has started a series of job cuts in Switzerland, affecting both higher management levels and lower ranks, according to Bloomberg, citing individuals familiar with the situation.
UBS Layoffs: Firm Cuts Hundreds of Jobs In Switzerland, Says Report
These layoffs are part of UBS's ongoing effort to streamline its workforce following the integration of its former competitor, Credit Suisse, which UBS acquired in 2023
UBS to lay off nearly 3,000 employees post Credit Suisse takeover: Report
The impacted employees have been given an option to join a program that allows up to a year to find a new role within the bank.
UBS Axes Hundreds of Swiss Jobs as Integration Gathers Pace
UBS Group AG has begun a wave of job cuts in its home market Switzerland, with hundreds of employees receiving notice in recent weeks, according to people familiar with the matter.
UBS Removes Credit Suisse Logos From Former Zurich Headquarters
UBS Group AG has removed Credit Suisse’s signs at its one-time arch-rival’s former headquarters in Zurich, replacing them with its own.
Implicit state guarantee for UBS is worth billions, study says
Swiss bank UBS effectively benefits from a state guarantee that has reduced its costs by billions, a study from the ...
JPMorgan in Talks to Rent Credit Suisse’s Former Canary Wharf HQ
JPMorgan Chase & Co. is in negotiations to lease space at the Canary Wharf office that once housed Credit Suisse’s UK ...
UBS CEO Signals Job Cuts Will Continue in Quest to Lower Costs
UBS Group AG Chief Executive Officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic ...
U.S. News & World Report13d
Exclusive-UBS Gets Fresh US Pensions Licence Fixing Paperwork Error, Filings Show
The exemption, first reported by Reuters, is retroactive and applies from June 2023 when the bank took over failed rival ...
JPMorgan eyes space at former Credit Suisse tower in Canary Wharf, source says
JPMorgan is in talks to take overflow office space in Credit Suisse's empty former offices in Canary Wharf, a source familiar ...
UBS foresees more tariff threats and asset volatility ahead
Tariff risks to Europe and China may be underappreciated at the moment, with the possibility that the latter could see its effective rate rise to 30% from roughly 11%, according to UBS. “We anticipate ...
bovnews1d
Why Did Hanesbrands Inc. (HBI) Stock Surge 1.09% Last Week?
UBS has recently raised Hanesbrands Inc. (HBI) stock to Buy rating, as announced on November 26, 2024, according to Finviz. Earlier, on November 10, 2022, Credit Suisse had reduced the stock from a ...