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UBS Plans to Axe 10,000 Jobs by 2027: Wire
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UBS plans to axe 10,000 jobs by 2027, foreign media reported. UBS responded by stating that they will minimize the number of layoffs in Switzerland and globally as much as possible, but have not confirmed the number of layoffs. UBS stated that the layoffs will be implemented over the coming years progressively, primarily through natural attrition, early retirement, internal transfers, and internalization of external positions. AASTOCKS Financial News Website: www.aastocks.com |
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