real estate rationalization

  • UBS Cutting Staff, But Recruiting FAs

    By Janet Levaux, AdvisorOne  |  September 29, 2011

    UBS said it planned to cut staff by 3,500, or more than 5 percent of its global workforce, as part of its overall plan to trim about $2.5 billion from its yearly expenses by the end of 2013 “to improve operating efficiency,” the company explained in late August. About 10...

  • UBS to Cut 3,500 Jobs; Wealth Unit Losing 350

    By Janet Levaux, AdvisorOne  |  August 23, 2011

    UBS said Tuesday it planned to cut staff by 3,500 as part of its overall plan to trim about $2.5 billion from its yearly expenses by the end of 2013 “to improve operating efficiency.”

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