Firsts Home

Equity & Derivatives Companies, sectors, M&A and the financial industry
Reuters scoops on UBS job cuts in Asia 04.14.2009 Reuters scooped news on April 14 that UBS was cutting 240 jobs in Asia-Pacific as part of a global move to cut costs. UBS confirmed immediately, and competitors scrambled to match. Bloomberg first cited Reuters and then went with its own version 40 minutes later; DJ was faster, putting out a sourced matcher within two minutes. Reuters Zurich later broadened out the story saying up to 15,000 jobs could be cut in total. The following day, UBS announced about 9,000 job cuts. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Reuters scoops on UBS job cuts in Asia

04.14.2009

Reuters scooped news on April 14 that UBS was cutting 240 jobs in Asia-Pacific as part of a global move to cut costs. UBS confirmed immediately, and competitors scrambled to match. Bloomberg first cited Reuters and then went with its own version 40 minutes later; DJ was faster, putting out a sourced matcher within two minutes. Reuters Zurich later broadened out the story saying up to 15,000 jobs could be cut in total. The following day, UBS announced about 9,000 job cuts.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here