Credit Suisse To Cut Another 2,000 Jobs

Swiss banking giant Credit Suisse has announced that 2,000 jobs will go at its global markets business. The latest cuts are in addition to the 4,000 job cuts announced last month and are part of the bank’s efforts to reduce annual costs by 800m Swiss francs a year (£580m; $820m).
The company blamed a “high and inflexible cost base” and “volatile market conditions”.

filed under: Uncategorised

0 thoughts on “Credit Suisse To Cut Another 2,000 Jobs”

Comments are closed.