UBS is set to cut an additional 10,000 jobs by 2027.
Swiss paper SonntagsBlick disclosed this on Sunday, December 7, 2025.
Responding to the report, UBS did not confirm this number, but said it would “keep the number of jobs cuts in Switzerland and globally as low as possible”.
Despite 50% tariff hike, Nigerians keep consuming data as teledensity hits 81%
“The role reductions will take place over the course of several years and will be mostly achieved through natural attrition, early retirement, internal mobility and inhousing of external roles,” UBS said.
The company has been cutting jobs as a result of the integration of former rival Credit Suisse, which it bought in 2023.
A reduction of 10,000 jobs would equate to a 9% cut in total jobs for the Swiss bank, which had around 110,000 employees at the end of 2024.
The Peoples Democratic Party (PDP) in Kano State has replaced its earlier governorship candidate, Muhammad…
The Federal Government has said students of King’s College, Lagos, will not face higher school…
The Minister of Power, Joseph Tegbe, says some Nigerians have urged him to slow down…
A Chief Magistrate in Kano State has withdrawn from the trial of former Rogo Local…
Kaduna State Governor Uba Sani has fulfilled his N30 million pledge to young innovators, by…
A Paris court has awarded Kim Kardashian one euro in compensation over the 2016 armed…
This website uses cookies.