• 30 Mar 2009 at 10:58 AM

Layoffs Watch ’09: UBS

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Thought there weren’t any employees left to layoff at the slightly more tax evade-y Swiss bank in town? Think again! Reuters reports that UBS has plans to cut another 8,000 jobs, possibly (though not definitely) on top of the 5,000 senior and management positions it said would be eliminated two weeks back.

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    Comments (15)

    1. 1
      Posted by guest | March 30, 2009 at 11:00 AM

      Mary Thompson just said “we are moments away” from remarks from the prez.

    2. 2
      Posted by guest | March 30, 2009 at 11:02 AM

      You
      Leaving Us
      Thats UBS

    3. 3
      Posted by guest | March 30, 2009 at 11:04 AM

      http://online.wsj.com/article/SB123841609048669495.html

    4. 4
      Posted by guest | March 30, 2009 at 11:05 AM

      @4- no seriously? are you seriously linking to a story about wagoner being out as ceo of gm as though it’s breaking news?

    5. 5
      Posted by guest | March 30, 2009 at 11:11 AM

      http://www.youtube.com/watch?v=4j34gG2xR3I
      Something to help us all relax. You too, Bernard L., if you’re following along today………

    6. 6
      Posted by guest | March 30, 2009 at 11:16 AM

      “MARCH 30, 2009, 11:10 A.M. ET” (the original article has been expanded and updated per the president’s remarks)

    7. 7
      Posted by guest | March 30, 2009 at 11:17 AM

      @7/4- and yet the story hasn’t changed, and if you thought the ‘extension’ was breaking news, you’re an idiot.

    8. 8
      Posted by guest | March 30, 2009 at 11:23 AM

      ubs=swiss zombie bank

    9. 9
      Posted by guest | March 30, 2009 at 11:31 AM

      Damn, just when I thought I was safe and started to focus on my job.

    10. 10
      Posted by guest | March 30, 2009 at 12:20 PM

      At this rate UBS will hire more people just to have enough to layoff

    11. 11
      Posted by guest | March 30, 2009 at 12:31 PM

      Leaving AQR for UBS is the new killing it.
      Really, who the fuck would do that?

    12. 12
      Posted by guest | March 30, 2009 at 12:38 PM

      #12, AQR is toast. A job is a job.

    13. 13
      Posted by guest | March 30, 2009 at 12:45 PM

      @13
      I see where you’re coming from …
      A move like that speaks volumes, though … from one [hot] fire into another.

    14. 14
      Posted by guest | March 30, 2009 at 1:07 PM

      @13/14: who left AQR for UBS?

    15. 15
      Posted by guest | March 31, 2009 at 4:27 PM

      Does anyone know when and where this is going down?

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