Economic

UBS to cut 10,000 jobs

“Swiss bank UBS said Tuesday it intends to slash 10,000 jobs as the firm pares back its investment banking arm.
The restructuring will save the bank more than $3.6 billion over three years, according to the firm’s estimates. The loss of 10,000 bankers represents more than 15% of the bank’s workforce, which will fall to a total of 54,000 employees by 2015.”

Source: UBS to cut 10,000 jobs – Oct. 30, 2012

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.