Location: global.
Based on news reporting.
UBS is set to accelerate workforce reductions as part of its integration strategy following the acquisition of Credit Suisse. The bank plans to cut approximately 3,000 jobs globally, a move aimed at streamlining operations and enhancing efficiency. These layoffs are part of a broader restructuring effort to align resources with the company's strategic goals. UBS has indicated that these changes are necessary to adapt to the evolving financial landscape and improve overall performance. The timeline for these layoffs has not been explicitly detailed, but they are expected to unfold in the coming months.
UBS cut 3,000 jobs.
That is roughly 4.1% 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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