Credit Suisse Switzerland to Cut 300 Jobs in 2018 -Finanz und Wirtschaft
January 17 2018 - 5:56AM
Dow Jones News
--Credit Suisse Group AG's (CSGN.EB) Swiss unit is on track to
finish its job-reduction program and will cut 300 jobs in the
country in 2018 to bring the total number of cuts to 1,600, Thomas
Gottstein, the unit's chief executive officer, said in an interview
with Swiss newspaper Finanz und Wirtschaft.
--The job cuts are part of a restructuring program of the bank's
business in Switzerland, which employs roughly 17,000 people,
according to the interview.
--The unit has reduced the number of its branches in Switzerland
to 135 from 150, Mr. Gottstein told the newspaper.
Full story in German: http://bit.ly/2DkjJqQ
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(END) Dow Jones Newswires
January 17, 2018 05:41 ET (10:41 GMT)
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