Edited By WION Video Desk
Published: Sep 01, 2023, 05:35 IST | Updated: Sep 01, 2023, 05:35 IST
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Business & Economy Sep 01, 2023, 05:35 IST
UBS plans 3,000 job cuts after Credit Suisse merger
Swiss banking giant UBS has set its course on a significant overhaul, announcing the elimination of 3,000 jobs as part of a sweeping cost-cutting strategy. The decision comes as UBS grapples with the integration of credit Suisse, which witnessed a substantial withdrawal of funds as concerned customers sought to secure their investments.
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