Labor & Economic News Blog
Friday, October 03, 2008
FACTBOX-Job cuts at major financial firms
FACTBOX-Job cuts at major financial firmsUBS AG said on Friday it is cutting another 2,000 jobs at its troubled investment bank and closing most of its commodities business but will remain a universal bank and will not quit investment banking completely.
Following is a summary of some of the biggest job losses at major banks since the start of the credit crisis:
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