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UBS CEO Announces Job Cuts In Switzerland Starting 2024

UBS Annual General Meeting in Basel

UBS Group, a global financial services company, has announced plans for job cuts in Switzerland starting in late 2024. The decision comes as part of the company's efforts to streamline operations and improve efficiency.

The CEO of UBS stated that the job cuts are necessary to ensure the long-term sustainability of the company. The layoffs are expected to impact employees across various departments and functions within the organization.

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