UBS To Cut More Than Half of Credit Suisse's 45,000 Staff
Bloomberg Daybreak: Europe Edition
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The Cuts to Credit Suisse's Workforce
Bloomberg's Marin Halftomair broke this story from central Zurich. The Credit Suisse workforce is 45,000 people. Most affected individual that leads to the first round of cuts will be those in the investment banking and trading division. We expect a few more rounds this year as well, which may then start to touch other parts of the business.
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