is poised to reduce its workforce by 20-30%, Swiss daily Tages-Anzeiger reported on Sunday, citing an unnamed senior UBS manager.a deal engineered by the Swiss governmentBut the deal, which was also designed to help to secure financial stability globally, has raised concerns over the size of a new bank with $1.6 trillion in assets and more than 120,000 staff worldwide.Jobs in its U.S.
that would have given Wall Street dealmaker Michael Klein control of much of Credit Suisse's investment bank.
Many more Bwankers out of a job .. brilliant , just shows they knew nothing and were overpaid
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