The UBS bank is shedding further jobs. It’s expected hundreds of workers will be laid off.
The bank is losing staff as it continues its merger with Credit Suisse. It took over the failed bank in 2023.
UBS has said previously that it expects around 3,000 will be sacked. When it took over Credit Suisse, the combined banks employed 35,000 in Switzerland.
As the merger continues, UBS is eliminating all signs of its former rival. Credit Suisse logos are being removed from buildings and many branches have been closed.
It’s thought this latest wave of cuts won’t be the last.
Govt ready to step in on train staff attacks
Police have to disclose nationality of offenders
Valais bar association says no new fire laws are needed
Major Swiss firm to cut jobs
Post your ballots on time
This winter was significantly warmer than average
