UBS to cut more than half of Credit Suisse workforce – banks

2023-06-27 18:56:07

Zurich – According to a media report, Credit Suisse (CS), which was taken over by UBS, is being cut. According to information from the Bloomberg news agency, more than half of CS employees will lose their jobs. A first round of dismantling is scheduled to take place in July, followed by others in September and October. Investment bank employees in London, New York and Asia are particularly concerned regarding losing their jobs. In total, around 35,000 jobs will be cut.

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