Monday, October 22, 2012

Credit Suisse, UBS Could Cut a Total 7,000 Jobs: Report

http://www.cnbc.com/id/49498786

UBS plans to shed 900 jobs in information technology, alongside a further 2,000-4,000 layoffs in its investment bank and other central functions, the paper said.
A spokesman for UBS, scheduled to report third-quarter earnings on October 30, would not comment on the report.


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