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UBS LAYOFFS
It’s not just Microsoft, Google, or Amazon — top European companies have also laid off a massive number of employees since April; here’s what you need to knowEuropean firms are reducing workforce due to economic challenges. Several companies including Stellantis, Volkswagen, and Volvo Trucks have...21 May, 2025, 07.55 PM IST- UBS has cut 10,000 jobs since Credit Suisse takeover in 2023UBS Group AG has decreased its workforce by more than 10,000 employees since acquiring Credit Suisse, aiming to integrate the former rival ...04 Feb, 2025, 03.21 PM IST
- Conservative BofA joins peers with forecast of three US rate cuts this yearBank of America, the most conservative among Wall Street's brokerages on the size of the Federal Reserve's expected interest rate cuts this...09 Sep, 2024, 02.05 PM IST
- UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sourcesUBS' takeover of Credit Suisse marks the first-ever merger of two global systematically important banks after the latter suffered years of ...21 Sep, 2023, 02.14 PM IST
- UBS' Credit Suisse takeover with nickel and a dime. Is this the 'deal of the century'?UBS's acquisition of Credit Suisse for $3.25 billion in March has been hailed as the "deal of the century" after UBS reported a net profit ...13 Sep, 2023, 10.27 AM IST
- UBS to cut hundreds of wealth jobs in Asia as activity slowsUBS Group AG is cutting several hundred wealth jobs in Asia as a result of muted client activity and China's slowing economy. The bank has ...11 Sep, 2023, 03.58 PM IST
- After Credit Suisse takeover, UBS gives first glimpse of new groupUBS is set to release its first earnings report since acquiring Credit Suisse, providing insight into the impact of the deal. The report wi...29 Aug, 2023, 11.45 AM IST
- Infosys to hire more freshers, targets $150 million in cost savingsAnalysts said the cost optimisation plan was a routine move aimed at reducing wage costs by hiring more freshers. The company’s margins hav...07 Nov, 2019, 08.11 AM IST
- Infosys chief Vishal Sikka calls on FM Arun JaitleyOver the past few months, Indian IT companies are confronted with closer scrutiny and tighter visa norms in the US, a market that accounts ...12 Jun, 2017, 09.03 PM IST
- Infosys defers salary hikes till July; no job cuts plannedFor employees ranked JL5 (job level 5) and below — typically those with less than eight years of experience — the compensation review will ...12 May, 2017, 08.59 AM IST
- Barclays cuts investment banking jobsBanks in the developed world are reducing headcount in various departments as opportunities to trade evaporate amid tight laws on proprieta...31 Jan, 2014, 12.20 PM IST
- UBS India giving pink-slips post-banking exit, 50 to lose jobsUBS India has started laying off around 50 people, who are affected by the decision.09 Jul, 2013, 08.08 PM IST
- Religare Cap lays off 17 execs from sales, research teamsReligare has sent packing two execs who were rewarded with swank cars.22 Mar, 2010, 01.16 AM IST
- HSBC lays off 100 private bankersHSBC said it had laid off 100 private bankers in Hong Kong as demand has shrunk.21 Apr, 2009, 05.13 PM IST
- Five going jobless every passing minute this yearHowever, as a saving grace for employees, most of the layoffs of '09 so far happened in Jan.01 Mar, 2009, 12.17 PM IST
- Over 130,000 financial job cuts announced since October: UNThere have been over 325,000 announced layoffs in the financial sector since August 2007, the International Labour Organization said, notin...23 Feb, 2009, 09.21 PM IST
- UBS may slash 8,000 jobs after $11-b Q1 lossUBS may cut as many as 8,000 jobs as it grapples with the biggest credit writedowns of any European bank and a 12 billion franc ($11.4 bill...06 May, 2008, 03.26 AM IST
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