{"id":85152,"date":"2023-06-28T00:30:39","date_gmt":"2023-06-28T04:30:39","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85152"},"modified":"2023-06-28T00:07:44","modified_gmt":"2023-06-28T04:07:44","slug":"ubs-to-cut-more-than-half-of-credit-suisse-workforce-report-says","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2023\/ubs-to-cut-more-than-half-of-credit-suisse-workforce-report-says.html","title":{"rendered":"UBS to cut more than half of Credit Suisse workforce, report says"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/UBS\/\">UBS Group<\/a> is looking to cut more than half of Credit Suisse\u2019s workforce from next month as a result of the bank\u2019s takeover,\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-06-27\/ubs-preparing-to-cut-more-than-half-of-credit-suisse-workforce?sref=y3YMCJ4e\" target=\"_blank\">Bloomberg News<\/a>\u00a0reported on Tuesday. Bankers, traders, support staff in Credit Suisse\u2019s investment bank in London, New York, and in some parts of Asia are expected to bear the brunt, with almost all activities at risk, the report said. UBS intends to eventually reduce the total combined headcount by about 30%, or 35,000 people.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/06\/27\/ubs-to-cut-more-than-half-of-credit-suisse-workforce-report-says.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) UBS Group is looking to cut more than half of Credit Suisse\u2019s workforce from next month as a result of the bank\u2019s takeover,\u00a0Bloomberg News\u00a0reported on Tuesday. Bankers, traders, support staff in Credit Suisse\u2019s investment bank in London, New York, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85152","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85152"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85152\/revisions"}],"predecessor-version":[{"id":85153,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85152\/revisions\/85153"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}