UBS plans to cut around 3,000 jobs in Switzerland over the next few years as a result of the purchase of its rival Credit Suisse, agreed last March and completed in June, as announced by the entity's CEO, Sergio Ermotti.
"In Switzerland, from a proactive point of view, we expect that around 3,000…
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job cuts
LinkedIn will cut 716 jobs and close its app for China
The professional-oriented social network LinkedIn, owned by Microsoft, has reported that it will carry out a workforce adjustment that will mean the cut of 716 professionals, in addition to announcing the closure in August of InCareer, its…
Amazon announces 9,000 job cuts
The reduction of jobs in technology companies continues. In this case, it is Amazon, which announced on Monday a cut of 9,000 jobs on its payroll.
According to the CEO of the company, Andy Jassy, the new wave of layoffs will take effect…
PayPal will reduce its workforce by 7 %
The president and director in charge of PayPal, Dan Schulman, announced that the payment platform will lay off some 2,000 workers, which represents 7 % of its workforce.
With this measure, PayPal joins the massive wave of layoffs that…
Ford announces cut of 7,000 jobs
Ford Motor Co is in a process of restructuring that includes a reduction of 7,000 jobs in its global structure. Jim Hackett, CEO of Ford, broke the news to his employees via email.
The layoffs represent 10% of their general workforce in…