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UBS Layoffs: Job cuts to start late this year in Switzerland, says CEO

UBS Layoffs: Job cuts to start late this year in Switzerland, says CEO

UBS CEO Serigio Ermotti has said that the majority of job cuts in its home market Switzerland will start late this year and will extend into 2025, 2026. As per Reuters, the UBS CEO said the cuts are not something the bank sees as “imminent” and that in the next months it will need “more...