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Old 28-06-2023, 02:00 PM
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Thumbs up 35,000 Jiakliaobees will be Laid Off from UBS + Credit Suisse!

An honorable member of the Coffee Shop Has Just Posted the Following:

UBS to cut Credit Suisse staff by more than half after takeover​

The Swiss bank reportedly plans to reduce its total combined headcount by 35,000 people

ByAdam Mawardi27 June 2023 • 10:20pm
UBS is expected to lay off more than half of Credit Suisse’s workers from next month following its emergency takeover of the struggling 167-year-old lender.
The Swiss bank is planning on eventually reducing its total combined headcount by 30pc or 35,000 people, Bloomberg reported.
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