Topics regarding layoffs at UBS

Topics regarding layoffs at UBS

UBS plans January job cuts

Swiss bank UBS is preparing to start the next wave of layoffs in mid-January, Bloomberg claims based on sources inside the bank. https://www.swissinfo.ch/eng/various/ubs-new-wave-of-redundancies-in-mid-january-according-to-bloomberg/90663445


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| 260 views | | no replies yet
Post ID: @OP+1kcwscska

Some juice !!

Anyone, something about UBS? I moved from a American bank and this looks like a death zone bureaucracy and SLOW !!!

UBS Layoffs 2025

If the market makes a turn soon, do you think there will be UBS layoffs? Any chatter, news or rumors?

UBS must freeze any job cuts

ZURICH, April 11 (Reuters) - Credit Suisse (CSGN.S) and UBS (UBSG.S) must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees' Association (SBPV) said on Tuesday, in an open letter to the country's parliament. [... — read more 

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| 1290 views | | no replies yet
Post ID: @OP+1m5kY9L3

Cuts will be worse than I expected

I know every takeover comes with cuts and I know the majority of it always comes from the company that was acquired, so I admit I didn't expect to hear we'd be losing 30 percent of employees. That seems excessive and frightening. Not to mention... — read more 

UBS has brought Ermotti back as CEO

UBS brings back Sergio Ermotti as CEO after Credit Suisse rescue Hong Kong CNN — UBS is bringing back its former chief executive, Sergio Ermotti, effective April 5. Ermotti is currently chairman of Swiss Re. He previously served as UBS... — read more 

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| 800 views | | no replies yet
Post ID: @OP+1lSBnOhF

Layoffs to follow after the merger

Kelleher said the plan by UBS includes a contraction of Credit Suisse’s investment banking business. This strategy would help it mesh with the "conservative risk culture” of UBS, he said. He said it was unknown at this point how many job cuts... — read more 

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| 1160 views | | 1 reply (March 20, 2023)
Post ID: @OP+1lJZfL6O

UBS Layoffs 2023

How likely is that there will be UBS layoffs? Any chatter, news or rumors?

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| 2000 views | | 1 reply (January 11, 2023)
Post ID: @OP+1jUI1IMR

UBS Layoffs 2021

Do you think there will be UBS Layoffs 2021? Any news or rumors?

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| 3160 views | | 1 reply (May 19, 2021)
Post ID: @OP+184xiknM

UBS to cut more than 2k employees in US!

This is huge - I'm not sure anybody will be safe. I have no idea what's the situation with severance and if any will be offered. If somebody knows more about it please post! We are not the only ones, Europe is being hit hard as well. I guess it was... — read more 

UBS Layoffs 2020

Do you think there may be small/medium/large UBS Layoffs 2020? Any news or rumors?

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| 3520 views | | 3 replies (last January 10, 2020)
Post ID: @OP+125iL3Pl

Upcoming Reorg

Co-Heads Novelli and Karofsky are working on a reorg. It'll be massive. All banks are laying off, we will follow.

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| 1720 views | | no replies yet
Post ID: @OP+10seQtqC

UBS Layoffs 2019

Do you predict that there will be UBS Layoffs in 2019?

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| 2670 views | | 3 replies (last September 22, 2019)
Post ID: @OP+VTtmmm7

Get a robo-adviser!

I worked for them in the U.S. as a banker doing Securities Backed Lines and Mortgages and I'm glad to be out of there. Terrible technology. Horrible mortgage company. I thought a Swiss company would be great, but they are living in the stone age. The... — read more 

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| 2080 views | | no replies yet
Post ID: @OP+V5pSE1g

Must read from a former employee

I worked for them in the U.S. as a banker doing Securities Backed Lines and Mortgages and I'm glad to be out of there. Terrible technology. Horrible mortgage company. I thought a Swiss company would be great, but they are living in the stone age. The... — read more 

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| 2510 views | | no replies yet
Post ID: @OP+Uy4Ss5h

Layoffs at UBS confirmed

Looks like this will affect some of the bigger fish as well, for a change. UBS layoffs look set to happen as group prepares to trim its wealth management division by sacking dozens of its staff, Bloomberg has reported citing unnamed sources familiar... — read more 

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| 3080 views | | 2 replies (last October 17, 2018)
Post ID: @OP+UqsT48Q

uBS Layoffs ..June 2018

Old colleagues of mine have heard a new round of layoffs is underway. Some already laid off. GAM and WM in NY/NJ affected. No word of numbers.

Where can I find news about recent layoffs at UBS.

I tried finding more info but there is nothing out there. Please share any news sources about UBS layoffs (if you have them) - this does not have to be 2017 only, any news is good regardless of how old the info is - I know there were several waves... — read more 

UBS Layoffs 2017

Whenever you think there will be no layoffs/job-cuts/RIFs they change the approach. Now all people are talking about job cuts in Zurich.

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| 3460 views | | 2 replies (last February 22, 2017)
Post ID: @OP+KvnCBbb

Support and Products Layoffs

Do we have any updates here? If I remember correctly, there were rumors that they will be hit hard in June 2016 - has any of that happen?

Have to layoff for money reasons

Hi. We must remember who the most important people are. It's me and the board members. I need to get rid of all American worked so I can get our bonuses over $100 million. I mean I do have the company pay some Irish lady to sing what I like for... — read more 

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| 3410 views | | 3 replies (last June 1, 2017)
Post ID: @OP+EbWhe19

Series 7 Sponsorship

Now, you gotta be very, very careful when it comes to dealing with characters that work for UBS. They lie to you and promise you whatever just to keep you there until they say okay your not needed any longer. And they tell you no when you ask for... — read more 

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| 3330 views | | 2 replies (last November 13, 2015)
Post ID: @OP+DxqMnTH

Q1 2016 UBS LAYOFFS

Focus: Stamford - Compliance Group and GFS IT / Applications. Some software engineers in Nashville and Jersey City. This is what I heard, so take it with a grain of salt. 2016 may turn out to be a very challenging year as they are pushing for even... — read more 

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| 4080 views | | 3 replies (last April 4, 2016)
Post ID: @OP+DtCk77s

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