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UBS Cuts Hundreds of Posts
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According to nearby sources, the cuts mainly affected support function staff, although some bankers working directly with clients were also included.
·Bogotá, Colombia
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UBS is cutting hundreds of more jobs in Europe, the Middle East and Africa. Since the CS takeover, Grossbank has already cut 17'500 jobs.
As part of the credit-suisse integration, UBS cuts jobs on a large scale. Now a new job reduction is known. Hundreds of jobs are affected.
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