Topics regarding layoffs at UBS

Topics regarding layoffs at UBS

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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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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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 

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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| 2899 views | | 2 replies (last )
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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| 3623 views | | 3 replies (last )
Post ID:  @OP+DtCk77s

Banking Layoffs - Mortgage Units

There is a big hoopla about banking layoffs right now but it's mostly on the mortgage side of the big commercial banks. UBS is not affected by this but if the mortgage side at commercial banks continue to tank, this may spread beyond and affect UBS... —  read more 

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| 2074 views | | 1 reply (last )
Post ID:  @OP+AKYfoSV

UBS Layoffs in 2015 and beyond

You never know what's going to happen and when UBS will cut. I have been with the company for about 11 years now, I can give you a piece of advice. Ignore all layoff rumors, it does not matter what you hear, 2015 cuts, 2014 cuts, whatever. You need... —  read more 

UBS Rumors

So, here is what I heard, it might be all fake or not true but this is the rumor that I heard. The IT group will reorganize around 3/1/2015, some groups will be merged and this will require that we let go off some managers, now the rumor has it that... —  read more 

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| 2492 views | | 6 replies (last )
Post ID:  @OP+z8CYXiw

PaineWebber Layoffs

Do you know if PaineWebber is still laying people off. I noticed a job posting by PaineWebber and I'd like to apply, yet given the uncertainty caused by the latest round of layoffs I am not sure if I need to pursue this opportunity. I know that this... —  read more 

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| 2029 views | | 2 replies (last )
Post ID:  @OP+xFUNnnY

October 2014 Layoffs and Reorg

Anybody has more info about this - I heard that there might be a reorg at UBS and since I am considering joining the company I wanted to see if insiders had more info about the plans. To be frank, I heard that there will be a reorganization effort... —  read more 

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Post ID:  @OP+x44nzjY

2012 Cuts at UBS

In 2012 there was a major cut - I was let go in December 2012. I am not sure what happened after I left but I know that we were talking about 15% cut. Ermotti was making statements about shaping up Investment Banking and billions of dollar in savings... —  read more 

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| 1994 views | | 1 reply (last )
Post ID:  @OP+wHo3u3n

New joiners, a question

A serious question: who works at UBS? Its been like what, 7 years of non stop bad news. What makes some 22 year old think "well, after all that utter shit and mediocrity, I am sure ILL live the models and bottles life style I read about on wso"

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