UBS to slash more than half of Credit Suisse's workforce: report

UBS to slash more than half of Credit Suisse's workforce: report

FILE PHOTO: The logo of Swiss bank UBS is seen at its headquarters in Zurich, Switzerland October 25, 2022. REUTERS/Arnd Wiegmann/File Photo

UBS Group is looking to cut more than half of Credit Suisse’s workforce from next month as a result of the bank’s takeover, Bloomberg News reported on Tuesday.