Location: Weehawken, NJ.
Based on news reporting.
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 as of October 10, 2023.
That is roughly 0.1% 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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