Last August UBS said it would axe 3,000 jobs in Switzerland ZURICH: UBS’s CEO on Tuesday said the majority of job cuts in its home market, Switzerland, will start from around the end of the year and continue into 2025 and 2026. In a call with journalists, Sergio Ermotti said the cuts are not something...
Tag: job cuts
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Layoffs 2024: UBS CEO to start job cuts in Switzerland late this year
UBS’s CEO on Tuesday said the majority of job cuts in its home market, Switzerland, will start from around the end of the year and continue into 2025 and 2026. Sergio Ermotti, chief executive officer of UBS Group AG, during a Bloomberg Television interview in Zurich, Switzerland.(Bloomberg) In a call with journalists, Sergio Ermotti said...
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UBS layoffs: Next round of job cuts planned in Credit Suisse integration
UBS Group is planning another round of job cuts after its takeover of Credit Suisse that is expected to affect over a hundred positions across the group’s global investment bank, Bloomberg News reported on Wednesday. Signs of Swiss bank giant UBS bank are seen in Basel.(AFP) The layoffs are scheduled to take place in the...
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This Swiss Company Announces Job Cuts And Plans To Remove 8,000 Roles From Global Workforce
Novartis Announces Plans to Reshape Development Workforce (Image Source: iStockphoto) Novartis, the Swiss pharmaceutical giant, has announced plans to cut a significant number of jobs within its development organization, responsible for bringing drugs to market. Up to 680 positions are set to be eliminated, with around 440 in Switzerland and up to 240 in the...