UBS: Our Coffee Sucks, Too! - Dealbreaker

UBS: Our Coffee Sucks, Too!

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The Swiss will not be outdone by Goldman or Blackstone:

"In keeping with the theme, the coffee at UBS (along with many,many other things) is shit. It tastes like motor oil mixed with bird feces and vinegar. It's Douwe Egberts and the worst part is the machines cost thousands (3 of them on this floor alone). This is midtown, not Stamford, btw."

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UBS Chairman: Other Banks Will Have To Fire Thousands Of Employees Too, Y'Know

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Cuts are said to be coming in the near-ish future. "More layoffs are expected to take place within the next 2-3 weeks with at least 10pct cuts across the board in sales, research and trading. Morale has reached a new all-time low (hard to imagine it could become lower?) and at this point many have the attitude that if they get out now at least they'll get a package out of it."