Layoffs Watch '10: UBS

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Dispatches from tax evasion HQ:

UBS US Wealth Management is having a round of layoffs to complement the previous layoff in March.

They are expected for this upcoming week with most expecting it to be on the 10th. There was an earlier date of 5/20 but that was postponed ostensibly because HR had not put all the severance packets together in time. My reason for sharing: weariness of working at a place where talk is of when the next round is coming. Shit gets old fast. Morale is extremely low.

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