UBS expects to shed around 3,000 jobs in Switzerland to help it cut $10 billion in costs as it undertakes a sweeping overhaul following its emergency rescue of Credit Suisse earlier this year.
Mandatory Credit:	Fabrice Coffrini/AFP/Getty Images

UBS expects to shed around 3,000 jobs in Switzerland to help it cut $10 billion in costs as it undertakes a sweeping overhaul following its emergency rescue of Credit Suisse earlier this year.
Mandatory Credit: Fabrice Coffrini/AFP/Getty Images

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UBS will cut 3,000 jobs in Switzerland as it absorbs Credit Suisse

UBS expects to shed around 3,000 jobs in Switzerland to help it cut $10 billion in costs as it undertakes a sweeping overhaul following its emergency rescue of Credit Suisse earlier this year.