Location: Switzerland.
Based on news reporting.
UBS has announced significant job cuts as part of its ongoing restructuring efforts, resulting in the loss of approximately 300 positions. This move reflects the company's strategy to streamline operations and adapt to changing market conditions. The layoffs affect employees at various levels within the organization, highlighting the broad impact of the restructuring. UBS continues to navigate challenges in the financial sector, prompting these difficult decisions to enhance efficiency and competitiveness.
UBS cut 300 jobs as of January 28, 2025.
That is roughly 0.4% of the 73,000 people UBS employs.
LayoffTalk has tracked 25 layoff events at UBS since October 2023, affecting a combined 18,077 employees.
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