Business

UBS Begins Job Cuts Across Business

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May.19 — UBS Group AG is slashing its head count. The Swiss bank is attempting to save $1 billion over the next three years. CEO Ralph Hamers is looking to cut costs during his first year on the job. Bloomberg’s Marion Halftermeyer reports on “Bloomberg Daybreak: Europe.”

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10 Comments

  1. @drsannhlaing4110

    December 31, 2023 at 1:32 pm

    "Do UBS have the following two accounts?
    =================================
    1.Mr. Kyaw Win (Myanmar)
    Transaction Invest Deposit Bank 531007868
    by the Certificate of Suisse Mortgage Corp.

    2.Mr. Aye Cho (Myanmar)
    Transaction Invest Deposit Bank 531007869
    by the Certificate of Suisse Mortgage Corp.
    ~~~~~~~

  2. @Voltron21

    December 31, 2023 at 1:32 pm

    …

  3. @cato451

    December 31, 2023 at 1:32 pm

    Lol. Can’t wait to buy at $5

  4. @thomas316

    December 31, 2023 at 1:32 pm

    It must be frustrating for UBS staff to work for a bank so poorly run. UBS just keeps taking losses be that through rogue traders, poor credit decisions or regulatory issues. If there is a loss to be made UBS will be there first.

  5. @JoelBondurant

    December 31, 2023 at 1:32 pm

    Buy Bitcoin, short the Banks.

  6. @illegalsmirf

    December 31, 2023 at 1:32 pm

    'Labour shortages' LOL!

  7. @paull.b.4590

    December 31, 2023 at 1:32 pm

    they've been cutting since more than a decade…

  8. @turtleb7170

    December 31, 2023 at 1:32 pm

    Marge is calling

  9. @remmy7226

    December 31, 2023 at 1:32 pm

    Investing in a Bitcoin is the best investments anyone can do this year 2021 because bitcoin investments has made a lot of people millionaire.

  10. @kingithomas22

    December 31, 2023 at 1:32 pm

    🌎👽🏹UBS plans Cover up delaying process a trendy tactic Shocking the 🇷🇺MARKET!!!! 🇦🇺Sanction Objectives you now work for Thomas establishment corporation🗼🥇🗼etc

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