UBS reportedly prepares for further job reductions in mid-January UBS previously announced intentions to reduce its Swiss workforce by nearly 3 · Private Banker International GlobalData Mon, December 22, 2025 at 5:07 PM GMT+5:30 2 min read UBS UBS Group is preparing to implement a new round of job cuts starting in mid-January, reported Bloomberg, citing familiar sources. Another phase of redundancies is expected next year, coinciding with the bank’s intention of switching off the computer systems purchased during the takeover of Credit Suisse in 2023, the sources said. UBS is said to be approaching the final year of its Credit Suisse integration, which was acquired in a government-brokered emergency deal in 2023.
