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.
https://www.reuters.com/article/us-credit-suisse-gp-layoffs/credit-suisse-denies-plans-for-a-new-wave-of-job-cuts-idUSKCN1NK1RY