Department affected: support and coordination.
Based on news reporting.
UBS is reportedly planning to cut hundreds of jobs over the next several years as part of its restructuring efforts. The specific details regarding the number of positions and the departments affected have not been disclosed. This move is part of a broader strategy to streamline operations and adapt to changing market conditions. The timeline for these layoffs has not been explicitly outlined, indicating that the company is still in the planning stages. UBS's decision reflects ongoing challenges in the financial sector and aims to enhance operational efficiency.
UBS cut 10,000 jobs affecting its support and coordination team as of December 31, 2027.
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.
Anonymous by default. Be kind — people reading this may be going through it right now.
No comments yet. Be the first to share your thoughts.
Estimated figure based on news reporting. Not yet confirmed by UBS.
Share your story anonymously — it helps others reading this feel less alone.
Share your story →Recent tracked events at this company.