UBS Contemplates 10,000 Layoffs

[Nova78]

UBS Contemplates 10,000 Layoffs - Zacks.com

UBS AG (UBS - Snapshot Report) is likely to make 10,000 job cuts, according to a report in the Financial Times. The layoffs are part of the company’s efforts to reorganize its business and split its investment bank. The details are expected to come up this week.

Use to be companies would layoff a few ,now the trend is thousands.......

 

[TNHarley]

UBS Contemplates 10,000 Layoffs - Zacks.com

UBS AG (UBS - Snapshot Report) is likely to make 10,000 job cuts, according to a report in the Financial Times. The layoffs are part of the company’s efforts to reorganize its business and split its investment bank. The details are expected to come up this week.

Use to be companies would layoff a few ,now the trend is thousands.......

Times have changed. Now all we can do is HOPE for another CHANGE