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Home | UBS to cut 3,500 jobs |
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UBS to cut 3,500 jobs
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- August 23, 2011
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UBS is to cut 3,500 jobs worldwide in efforts to reduce annual costs by CHF 2 billion by the end of 2013. The bank expects to recognise restructuring charges of approximately CHF 550 million in connection with its cost reduction plans, approximately CHF 450 million of which will be booked in the second half of [...]
- Read more at:http://www.bankingtimes.co.uk/2011/08/23/ubs-to-cut-3500-jobs/
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