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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (64259)6/7/2002 2:23:09 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
UBS confirms 200 London lay-offs at UBS Warburg

host.wallstreetcity.com

ZURICH, Jun 06, 2002 (AFX-Europe via COMTEX) -- UBS AG will lay off 200 staff in all business areas at UBS Warburg in London, said spokeswoman Sarah Small confirming a Financial Times report.
Half of the 200 people concerned are working at UBS Warburg's investment banking operations, with 55 of them being investment bankers, she said.

UBS will not issue any cost estimates nor cost cut estimates regarding these lay offs, Small said.

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