report claims swiss bank ubs to cut 2000
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Report claims Swiss bank UBS to cut 2000

Arab Today, arab today

Arab Today, arab today Report claims Swiss bank UBS to cut 2000

Berlin - Arabstoday

A Swiss newspaper is reporting that UBS, the country’s largest bank, is set to cut some 2,000 jobs in its IT-department as part of a major cost-cutting drive. A UBS AG spokesman on Sunday declined to comment on the report, but referred to an internal e-mail to employees by chief executive Sergio Ermotti saying the bank is still examining all its divisions and therefore “no final decisions have been made.” Swiss newspaper Tages-Anzeiger, citing internal documents, reported the bank plans to lay off almost a quarter of its 8,200 staffers in the IT department. It says that is likely to be followed by wider cuts, possibly affecting a fifth of the company’s global workforce of some 12,700 employees. Earlier this week Swiss private bank Julius Baer said it plans to cut about 1,000 jobs. Arabnews

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

report claims swiss bank ubs to cut 2000 report claims swiss bank ubs to cut 2000

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

report claims swiss bank ubs to cut 2000 report claims swiss bank ubs to cut 2000

 



GMT 02:50 2017 Thursday ,12 October

14 dead, 25 missing after China landslide

GMT 09:05 2017 Thursday ,06 April

Asian markets sink with Wall St after Fed minutes

GMT 15:03 2017 Wednesday ,20 September

King Salman allocates $15 million for Rohingya refugees

GMT 02:15 2017 Wednesday ,12 July

ASEAN, Japan to strengthen economic cooperation

GMT 03:00 2018 Wednesday ,12 September

HM King hails Bahrain-US ties

GMT 07:43 2017 Monday ,06 February

Extremists puncture houses in Mousl to escape 

GMT 09:48 2016 Saturday ,27 August

South Sudan wants big budget

GMT 06:31 2018 Wednesday ,03 January

BP says to take $1.5bn hit on US tax reforms

GMT 05:45 2017 Wednesday ,13 December

Japan carmakers make fresh push on hydrogen stations

GMT 10:33 2014 Wednesday ,10 September

Tesla chief says self-driving cars just around corner

GMT 09:00 2017 Monday ,15 May

Oman to host World Cancer Congress 2020

GMT 13:41 2017 Wednesday ,18 January

Indian court clears Bollywood star Salman Khan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday