Cost-Cutting

UBS Slashes Costs by $10 Billion, Cutting 3000 Swiss Jobs

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UBS Slashes Costs by $10 Billion, Cutting 3000 Swiss Jobs: A Strategic Move or a Cause for Concern? In a recent announcement that has sent ripples through the financial world, Swiss banking giant UBS has revealed plans to cut costs by a staggering $10 billion. The move, which will result in the loss of 3000 …

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UBS to Cut 30% of Staff, Preserve Credit Suisse’s Local Operations

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UBS to Cut 30% of Staff, Preserve Credit Suisse’s Local Operations The recent news of UBS planning to cut 30% of its staff while preserving Credit Suisse’s local operations has left many in the investment banking world wondering about the motives behind this strategic move. As an analyst in this industry, I can’t help but …

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