Topics regarding layoffs at UBS

Topics regarding layoffs at UBS

UBS Layoffs 2025

If the market makes a turn soon, do you think there will be UBS layoffs? Any chatter, news or rumors?

UBS must freeze any job cuts

ZURICH, April 11 (Reuters) - Credit Suisse (CSGN.S) and UBS (UBSG.S) must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees' Association (SBPV) said on Tuesday, in an open letter to the country's parliament. [... — read more 

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| 1262 views | | no replies yet
Post ID: @OP+1m5kY9L3

Cuts will be worse than I expected

I know every takeover comes with cuts and I know the majority of it always comes from the company that was acquired, so I admit I didn't expect to hear we'd be losing 30 percent of employees. That seems excessive and frightening. Not to mention... — read more 

UBS has brought Ermotti back as CEO

UBS brings back Sergio Ermotti as CEO after Credit Suisse rescue Hong Kong CNN — UBS is bringing back its former chief executive, Sergio Ermotti, effective April 5. Ermotti is currently chairman of Swiss Re. He previously served as UBS... — read more 

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| 781 views | | no replies yet
Post ID: @OP+1lSBnOhF

Layoffs to follow after the merger

Kelleher said the plan by UBS includes a contraction of Credit Suisse’s investment banking business. This strategy would help it mesh with the "conservative risk culture” of UBS, he said. He said it was unknown at this point how many job cuts... — read more 

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| 1130 views | | 1 reply (March 20, 2023)
Post ID: @OP+1lJZfL6O

UBS Layoffs 2023

How likely is that there will be UBS layoffs? Any chatter, news or rumors?

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| 1980 views | | 1 reply (January 11, 2023)
Post ID: @OP+1jUI1IMR

UBS Layoffs 2021

Do you think there will be UBS Layoffs 2021? Any news or rumors?

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| 3151 views | | 1 reply (May 19, 2021)
Post ID: @OP+184xiknM

UBS to cut more than 2k employees in US!

This is huge - I'm not sure anybody will be safe. I have no idea what's the situation with severance and if any will be offered. If somebody knows more about it please post! We are not the only ones, Europe is being hit hard as well. I guess it was... — read more 

UBS Layoffs 2020

Do you think there may be small/medium/large UBS Layoffs 2020? Any news or rumors?

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| 3500 views | | 3 replies (last January 10, 2020)
Post ID: @OP+125iL3Pl

Upcoming Reorg

Co-Heads Novelli and Karofsky are working on a reorg. It'll be massive. All banks are laying off, we will follow.

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| 1690 views | | no replies yet
Post ID: @OP+10seQtqC

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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| 2080 views | | no replies yet
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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| 2491 views | | no replies yet
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 

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| 3062 views | | 2 replies (last October 17, 2018)
Post ID: @OP+UqsT48Q

uBS Layoffs ..June 2018

Old colleagues of mine have heard a new round of layoffs is underway. Some already laid off. GAM and WM in NY/NJ affected. No word of numbers.

Where can I find news about recent layoffs at UBS.

I tried finding more info but there is nothing out there. Please share any news sources about UBS layoffs (if you have them) - this does not have to be 2017 only, any news is good regardless of how old the info is - I know there were several waves... — read more 

UBS Layoffs 2017

Whenever you think there will be no layoffs/job-cuts/RIFs they change the approach. Now all people are talking about job cuts in Zurich.

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| 3441 views | | 2 replies (last February 22, 2017)
Post ID: @OP+KvnCBbb

Support and Products Layoffs

Do we have any updates here? If I remember correctly, there were rumors that they will be hit hard in June 2016 - has any of that happen?

Have to layoff for money reasons

Hi. We must remember who the most important people are. It's me and the board members. I need to get rid of all American worked so I can get our bonuses over $100 million. I mean I do have the company pay some Irish lady to sing what I like for... — read more 

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| 3353 views | | 3 replies (last June 1, 2017)
Post ID: @OP+EbWhe19

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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| 3330 views | | 2 replies (last November 13, 2015)
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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| 4037 views | | 3 replies (last April 4, 2016)
Post ID: @OP+DtCk77s

Private Wealth Layoffs

Anyone heard more about this? Is this thing for real or what? Are we going to be cutting people on the Private Wealth side?

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| 2575 views | | 2 replies (last July 31, 2015)
Post ID: @OP+Cta2inl

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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| 2500 views | | 1 reply (March 29, 2015)
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 

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| 3172 views | | 4 replies (last May 10, 2016)
Post ID: @OP+zOWhqmw

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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| 2981 views | | 6 replies (last September 10, 2015)
Post ID: @OP+z8CYXiw

Working for UBS

Expect a lot of promises and a lot of work. Get ready, 80 hr work week cannot be worse. Good luck

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| 2531 views | | 4 replies (last September 10, 2015)
Post ID: @OP+yks7eTg

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