https://seekingalpha.com/news/3911421-credit-suisse-falls-the-most-of-financial-stocks-this-week-ryan-rises-the-most
Credit Suisse Layoffs 2023
Anyone would care to chime in with a prediction about potential Credit Suisse layoffs? Any chatter, news or rumors?
Let's pretend we couldn't see it coming
And welcome to the educated underclass... https://www.highereducationinquirer.org/2020/05/lets-all-pretend-we-couldnt-see-it.html
The only way out: Rainmakers Needed
https://www.wsj.com/articles/credit-suisse-looks-to-rainmaker-to-revive-investment-bank-11666985952
Apollo Global?
"Under the terms of the proposed transaction, investment vehicles managed by affiliates of Apollo and PIMCO would acquire the majority of SPG’s assets and other related financing businesses from Credit Suisse, form a new platform to enter into an... — read more
Dr. Doom
"Markets should brace for a period of decline that echoes crashes of the 1970s and 2008, according to Nouriel Roubini." https://markets.businessinsider.com/news/stocks/dr-doom-nouriel-roubini-2008-financial-crisis-stagflation-market-crash-2022-10 — read more
"One Of The World's Biggest Banks Is Collapsing?"
https://www.msn.com/en-us/money/savingandinvesting/one-of-the-world-s-biggest-banks-is-collapsing/ar-AA12xs92?ocid=msedgntp&cvid=d9e5158bc10b42c69644425d1b04cd96
More layoffs
The latest issues are bringing on the possibility of more layoffs. It seems investment banking and wealth management are among the areas that are going to be hit. It's not clear enough how many of the layoffs will be in the U.S., but I will admit... — read more
2022 Bonus
Heard bonuses will be clawed back if staff is to leave within a year.
Credit Suisse to lay off New York employees as it shuts hedge fund division
https://www.crainsnewyork.com/finance/credit-suisse-lay-new-york-employees-it-shuts-hedge-fund-division
China
Credit Suisse has already hired many Chinese and is tripling their workforce in Mainland China. Internally, we've already seen many functions already being replaced with Chinese counterparts or are in the process of beginning to do so. Additionally... — read more
Credit Suisse Layoffs 2022
Will there be any Credit Suisse layoffs? Any chatter, news or rumors?
Massive CS Layoffs 2021 - 2022 Expected
Insider information... Jobs beginning to be outsourced to China....IT/Business/ all of it! Keep an eye on the news it's only getting worst. Banks warn of 'significant' losses as they exit positions with large U.S. hedge... — read more
Credit Suisse Layoffs 2021
What's your prediction as it relates to the possiblity of Credit Suisse Layoffs 2021? Any news or rumors?
Credit Suisse Shutters Funds in Asset Management Review
... the funds or detail the extent of the layoffs. Credit Suisse Group AG Chief Executive Officer Tidjane Thiam Presents Second-Quarter Earnings. David... — read more
2nd quarter layoffs
Risk and Compliance departments merged so layoffs are happening since July. New York jobs moving to Raleigh NC too.
New York office layoffs
Layoffs have begun for compliance and risk professionals in the New York office.
Painful
https://www.marketwatch.com/story/credit-suisse-mulling-job-cuts-to-hit-profit-targets-report-2020-07-13
Layoffs across entire org coming starting this week through EOY
Just got out of a team meeting. Our Managing director was given his notice this morning. Manager informed us that cuts will be made across the board Starting with Americas, London...followed by Switzerland and Rest of the World later in the year. — read more
Something Needs To Change
Credit Suisse Is Preparing For Layoffs As CEO Admits "Something" Needs To Change Source below... Credit Suisse is leading the charge, revealing this week that the investment bank will need less employees on the other side of the coronavirus... — read more
New Thread - Master Thread - CORONA VIRUS and Credit Suisse
What are your thoguhts?
CEO....OUT!
https://www.cnn.com/2020/02/07/business/credit-suisse-ceo-resigns/index.html
Reduction Construction
Nothing in Phoenix SHOC so far. I did notice execs admins are already in the building though which is out of the ordinary.
More layoffs at Credit Suisse
My best friend was laid off a few weeks ago, at their Raleigh office. They received a WARN Notice and a very vague explanation about the termination. Due to the sensitivity of it, they were not even allowed to tell anyone at their job what happened... — read more
Denials about planned job cuts at Credit Suisse
They keep denying it, at this point Credit Suisse HR the Comms team are on the defense. I think we'll se a few hundred folks cut and there will be more jobs that will be shipped overseas. Just watch it, I do not believe these PR stunts any more... — read more
More cuts
More rounds are coming, mostly for the large centres (NY, London, Zurich) but definitely everywhere. Also more and more jobs moving from everywhere to Poland. Everywhere, even lost cost locations.
Credit Suisse Layoffs 2018
Job cuts later this year in Zurich.
It could be worse...
...but not much worse. http://www.wsj.com/articles/barclays-cut-in-half-as-europe-slims-down-on-wall-street-1470250141
Credit Suisse - 180 made redundant... Mostly in London
That's it. The whole sector is hurting.
Global Markets Division - 2000 to be laid off
Things are not that good - also, in IT, more jobs to be sent off-shore
4000 jobs to be cut, 2016 Credit Suisse Layoffs to be bloodiest since 2008
Things continue to go down the drain, fixed income to be hammered, if we hit a recession we may see many more layoffs - UBS just finished another back office cut round and BAC is laying off too on the Investment Banking side - overall, it does not... — read more
Redundancies at CSG in London - Fixed Income
The group is hit pretty hard with job cuts affecting all levels
Lay off bad people and let the good people bring good reputation to CS.
Just like cancer, a small number of dangerous and bad-behaving cells slowly but surely kill off the normal cells. CS body is not dead yet, but many of the good body parts are killed off because of a few bad behaving cells. CS is not just a few evil... — read more
1.5K to go very soon
1.5K to go very soon. It's not even funny to see the big boys ax thousands of people and the market not even notices. Not sure who's going to be affected but you can find that on any news site - what perplexes me are the numbers - this is massive and... — read more