Anonymous ID: 9a5814 June 28, 2023, 6:37 a.m. No.19088344   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>8430 >>8580 >>8627

UBS To Cut Half Of Credit Suisse's Workforce After Emergency Takeover

 

By Jen Snow

June 28, 2023

 

According to a person familiar with the situation, half of Credit Suisse's workforce is set to be slashed and includes traders, bankers, and support staff from the London, New York, and Asia offices. The layoffs are expected to be conducted over 3 rounds with the first one kicking off in July and the last two coming between September and October.

 

The current Credit Suisse workforce has roughly 45,000 employees. UBS increased its workforce to approximately 120,000 after it merged with the struggling Swiss lender and now plans to reduce jobs in order to save $6 billion. UBS is expected to cut its workforce by 35,000 workers or 30 percent.

 

https://creativedestructionmedia.com/news/business/2023/06/28/ubs-to-cut-half-of-credit-suisses-workforce-after-emergency-takeover/

Anonymous ID: 9a5814 June 28, 2023, 6:44 a.m. No.19088386   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>8396

Sweden Police Give Permit to Koran Burning Near Stockholm Mosque

ByNiclas Rolander

June 28, 2023, 4:51 AM EDT

 

https://www.bloomberg.com/news/articles/2023-06-28/swedish-police-gives-permit-to-koran-burning-by-stockholm-mosque#xj4y7vzkg

Anonymous ID: 9a5814 June 28, 2023, 7:24 a.m. No.19088587   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>8613

>>19088393

 

NO (IIRC,"rule" was made up during heavy shill-spam attacks; "cellphone dick pic"). IN FACT:

 

Rules for Board Volunteers:

 

Rule 1: Do not ban people for their opinions, even if they do not align with your own.

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(more HERE):

 

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If you believe you are biased about a certain issue, recuse yourself and leave the report up for someone else to take care of it (unless it's illegal content, in which case remove it as soon as possibl

 

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