UBS Wealth Management Starts Cutting Jobs in Asia



ORIGINAL POST
Posted by Ed 6 mths ago

UBS Group AG started a sweeping round of job cuts at its global wealth management unit in Europe and Asia, targeting dismissals across the board as new co-head Iqbal Khan seeks to make his mark on the business.

UBS has cut as much as 20% of the workforce in some European teams and is reducing management layers in Asia to bring clients closer to top decision-makers, people with knowledge of the matter said, asking not to be identified as the matter is private.
 
 
https://www.bloomberg.com/news/articles/2020-01-14/ubs-wealth-management-job-cull-starts-with-cuts-in-asia-europe?srnd=premium-asia

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