UBS Weehawken to Cut 103 Jobs Amid Restructuring
SOURCENews reportView the filing ↗
What we know
Location: Weehawken, NJ.
Based on news reporting.
Summary
UBS Weehawken has announced the layoff of 103 employees as part of a restructuring effort. This decision reflects the company's ongoing adjustments to its workforce in response to changing market conditions. The layoffs are set to take effect immediately, impacting various roles within the organization. UBS has not specified the departments affected by these cuts, but the move is part of a broader strategy to streamline operations and improve efficiency. The company continues to navigate challenges in the financial sector, which have prompted these workforce reductions.
UBS cut 103 jobs in NJ as of October 10, 2023.
That is roughly 0.1% of the 73,000 people UBS employs.
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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