UBS may slash up to 30% of workforce following Credit Suisse takeover: report

UBS may slash up to 30% of workforce following Credit Suisse takeover: report

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Swiss investment bank UBS Group AG is preparing to lay off as many as 36,000 people in the wake of its planned takeover of rival Credit Suisse — significantly more than first planned. Citing insiders at the bank, the Swiss newspaper SonntagsZeitung reported Sunday that UBS UBS, plans to cut 20% to…

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