UBS To Slash Half Of Credit Suisse’s Workforce As Bank Layoff Tsunami Worsens
June 27, 2023 at 17:45 PM EDT
Earlier this month, UBS Group AG successfully “completed” the emergency takeover of Credit Suisse. With the merger completed, UBS plans to begin the first phase of a massive headcount reduction of Credit Suisse’s workforce in July. The upcoming layoffs should not be a surprise to readers. We have detailed “Massive Layoffs On Deck At Credit Suisse“ and “UBS […] Source
