UBS Swiss job cuts coming later in 2026, CEO says

Core Viewpoint - The majority of job reductions in UBS' Swiss business are expected to occur in the second half of 2026, as stated by the bank's CEO Sergio Ermotti [1] Group 1 - UBS is planning significant job reductions within its Swiss operations [1] - The timing for these job cuts is projected for the latter half of 2026 [1] - CEO Sergio Ermotti provided this information during a press briefing [1]