Layoffs Watch '08: UBS's War On Wharton

Posted by Bess Levin, May 15, 2008, 5:09pm

I don't want to upset you right before the weekend, but apparently "three-quarters of the Penn grads employed by UBS (1-3 years) have been laid off." Not really that surprising considering the Swiss bank's history but deeply disturbing nonetheless.

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Tags: layoffs, Nazi sympathizers, UBS

Comments

Posted by Anal_yst, May 15, 2008 5:24PM

haha ouchhhhhh Bess, I'm sure your father would be proud

Posted by guest, May 15, 2008 5:46PM

Bess' Dad is just glad she doesn't dance on a pole for money...

Posted by Investorcluzo, May 15, 2008 6:12PM

highly suspect IT department, posting comments is still a little sketchy. perhaps db should hire some of the back office folks from ms/ubs/merrill/bsc/jpm to get the systems in order.

Posted by guest, May 15, 2008 7:32PM

Bess graduated from amherst, highly doubtful she'd need to strip for money, moron at 5:46

Posted by guest, May 15, 2008 9:33PM

Graduating from Amherst practically guarantees she needs to strip for money.

Posted by guest, May 15, 2008 11:19PM

I believe it.
Sometimes graduates from some school hire people from the same place. 1-3 years do not make too much difference , most probably they were getting copies and bringing coffe (and being paid for that). UBS needs to cut costs otherwise is gonna sink (more I mean if that is possible)

Posted by merkin capital partners, May 16, 2008 2:33AM

i think the joke was aimed at the liberal arts nature of the school...hopefully.

Posted by guest, May 16, 2008 8:28AM

amherst chicks are either lesbos or expert at trolling for ivy league guys with good jobs. these chicks may not dance in strip clubs, but they are expert in pole riding.

Posted by guest, May 16, 2008 9:57AM

Ok jokes aside, does anyone have real numbers on UBS? How did the LevFin team fare?

- UBS '04

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