The bank will publish third-quarter figures on Tuesday and could concede that as many as 10,000 of its 60,000 staff will be shed in the coming years. UBS announced plans to cut 3,500 jobs to save £1.5bn just over a year ago.
The changes are part of a strategy devised by the new management team in the wake of the Kweku Adoboli allegations…
Choosen excerpts by JMM from
via UBS shake-up could lead to up to 10,000 job losses | Business | The Guardian.
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