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 

What could possibly go wrong? https://seekingalpha.com/news/3912524-jpmorgan-ubs-others-compete-for-share-in-chinas-private-pension-market

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

This was announced today. Wealthfront Does not have a large headcount.

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

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 

Where is this taking us? How will be the rest of the year.

What's the total headcount? How many employees work at Zurich?

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

https://www.bloomberg.com/news/articles/2019-10-21/ubs-plans-to-cut-40-trading-investment-banking-jobs-in-asia

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

Deutsche Bank to lay off 20,000 people - glut of available labor on the horizon @ZOSsHSu — See details: https://www.thelayoff.com/t/ZOSsHSu

UBS Started layoffs in investment bank.

Do you predict that there will be UBS Layoffs in 2019?

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 

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 

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 

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.

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 

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.

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?

and that should be when the layoffs are cometed so new head in Singapore can do a show and tell on body count and song and dance to hapless survivors. Am in WM division for over 10 years , Retrenchment usually coincides with payroll 19-22th day of... —  read more 

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 

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 

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 

Do we have any updates on layoffs in Stamford, Conn? It's all over the news.

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

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 

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 

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 

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

A) Needs to pay better, better salary, better bonuses and more incentives - I think other banks pay more. B) I love working remote, dont have to go to the office sometimes, that rocks. I am in the legal dpt.

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 

Any news here, I heard that there might be some significant cuts in Coral Gables. Anyone?

Around 100 folks were let go, mostly broker aides

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 

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 

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"