Subscribe
A water tank at a Primary School in Phola, Mpumalanga, says ’save water, conserve water, water is our life'. (Photo: Julia Evans)

JP Morgan greenwashes water pollution by Glencore in South Africa
putin_and_trump__vladimir_kazanevsky

Trump, Putin and the war in Ukraine: Europe’s painful awakening to the rise of global Fascism
WHO WE ARE WHO WE ARE
EDITORIAL POLICY EDITORIAL POLICY
SUBSCRIBE SUBSCRIBE
Press cartoon of the week Banks
Press cartoon of the week Banks

Redundancy making machine

Published on 31 October 2012

First machine - Shareholders

Second machine - Redundancies

With former German central bank director Axel Weber at its head, Union Bank of Switzerland (UBS) has launched a drastic restructuring plan which will see approximately 10,000 jobs scrapped worldwide by 2015, including 2,500 in Switzerland. UBS is seeking to reduce its investment activities and focus on retail banking, which will also lead to more job losses for the City of London.

Receive the best of European journalism straight to your inbox every Thursday

Interesting article?

It was made possible by Voxeurop’s community. High-quality reporting and translation comes at a cost. To continue producing independent journalism, we need your support.

Subscribe or Donate

Categories
EconomyTrade and industrySwitzerlandSwitzerlandPress cartoon of the weekPress cartoon of the week

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support border-free European journalism

See our subscription offers, or donate to bolster our independence

On the same topic