Location: Europe and Africa.
Based on news reporting.
UBS Group is reportedly planning job cuts in Europe and Africa, contributing to a positive response in its stock performance. While specific numbers of affected employees have not been disclosed, the announcement indicates a strategic move to streamline operations in these regions. The layoffs are part of broader adjustments within the company, reflecting ongoing changes in the financial landscape. Further details regarding the exact timing and scale of the cuts remain unclear.
UBS cut 10,000 jobs as of January 31, 2026.
That is roughly 13.7% 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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Estimated figure based on news reporting. Not yet confirmed by UBS.
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