Any word on the "Big Announcement @ UBS @ End of Month?"
is this what you r talking about (on dealbreaker this morning):
"UBS US Wealth Management is laying off significant amounts of employees in the home office today and tomorrow. General estimates are around 300. I have already seen 5 of my friends in the group next to me leave (total group size of 15!) and its only 45 minutes since they began. Cuts are at all levels, mid-senior to analysts. Morale is extremely low"
Not what I was talking about but every bit as interesting. 300 headcount isn't too big a layoff as long as you're not 1 or the 300...
300 is big when it home office people
Hopefully its mostly in compliance!
Good luck Weehawken, there are some good people up there+