UBS cutting half of Credit Suisse staff and about 35,000 or 30% of combined staff after merger: Bloomberg

UBS cutting half of Credit Suisse staff and about 35,000 or 30% of combined staff after merger: Bloomberg

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UBS AG is preparing to cut more than half of Credit Suisse’s work force and about 35,000 or 30% of the combined staff of the two banks next month now that the merger deal has closed, according to a Bloomberg report citing people familiar with the bank. Credit Suisse employs about 45,000 staff and…

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