News

Screwed: 5,000 at UBS

A daily review of the employment fallout around the country and the world.

UBS, Switzerland’s largest bank, plans to eliminate up to 5,000 senior and management positions in the coming weeks… Swiss drug maker, Roche, cuts 1,500 New Jersey-based jobs in an effort to relocate operations to California… Cymer announces 130 layoffs in San Diego… Getty Images lays off 110 employees, 5 percent of its global workforce… Another San Diego based company, La Jolla Pharmaceutical, plans to fire 94 employees by April 20th… TRW Automotive layed off 42 employees in Minnesota and Wisconsin last Thursday… Reader’s Digest Canada gives 15 the axe…

Read more about layoffs at the sites compiled on our layoff tracker page.

Tags: News, UBS