Arab Today, arab today ubs announces 3500 job losses
Last Updated : GMT 10:49:42
Arab Today, arab today
Arab Today, arab today

UBS announces 3,500 job losses

Arab Today, arab today

Arab Today, arab today UBS announces 3,500 job losses

Berne - AFP

Swiss banking giant UBS on Tuesday announced plans to shed 3,500 jobs in order to make savings of some 2 billion Swiss francs (1.8 billion euros, $2.5 billion). UBS aims to make the personnel cuts "through redundancies as well as natural attrition", the bank said in a statement.

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