As expected UBS AG on Tuesday said it will eliminate around 3,500 jobs as it seeks to reduce its annual costs by about 2 billion Swiss francs ($2.5 billion) this quarter, tking the total year to date to over 6,000. However according to the Wall St Journal the actual total this year could hit 10,000….
Read more at http://online.wsj.com/article/SB10001424053111903461304576525530035709442.html?mod=WSJ_business_whatsNews
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