UBS Group is preparing to reduce more than half of the Credit Suisse Group's workforce following the emergency takeover of the bank. The impact of these job cuts is expected to be felt primarily by bankers, traders, and support staff in Credit Suisse's investment bank located in London, New York, and certain parts of Asia.

UBS plans to sack 'more than half' or 35,000 Credit Suisse staff: Report

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UBS plans to sack 'more than half' or 35,000 Credit Suisse staff: Report