UBS Cuts Global Sustainability Workforce by Nearly 65%
SOURCENews reportView the filing ↗
What we know
Location: EMEA.
Department affected: sustainability.
Based on news reporting.
Summary
UBS has announced significant cuts to its global sustainability workforce, reducing it by nearly 65%. This decision also includes halving the size of its Asia team. The layoffs reflect the company's strategic adjustments in response to changing market conditions and priorities within the sustainability sector. While the exact number of employees affected has not been disclosed, the scale of the cuts indicates a substantial impact on the sustainability department. UBS's restructuring efforts aim to streamline operations and focus on core business areas.
LayoffTalk has tracked 16 layoff events at UBS since October 2023, including 276 jobs documented in official WARN filings, with 12 additional events known from news reporting.
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