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 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 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 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 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 acquisition of Credit Suisse.

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