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UPDATE: UBS could shed 10,000 jobs

The Swiss banking giant UBS could shed 10,000 jobs in the near future, according to a report on Saturday in the Tages Anzeiger daily.

The company could announce the layoffs when it presents its quarterly results on October 30, the newspaper said.

Most of the layoffs are expected to come from the bank’s Information Technology arm which currently employs 8,200 people, 3,200 of them in Switzerland, it said…

http://www.rappler.com/business/14138-ubs-could-shed-10,000-jobs-report

Discussion

2 thoughts on “UPDATE: UBS could shed 10,000 jobs

  1. On Wednesday, I checked out UPDATE: UBS could shed 10,000 jobs Job Market Monitor and Online Business Banking has caused some discussions that should be voiced.

    Posted by Paul | October 17, 2012, 5:42 pm

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  1. Pingback: UPDATE – UBS – Job losses could reach 10,000 « Job Market Monitor - October 27, 2012

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