Skip to main content
See every side of every news story
Published loading...Updated

Credit Suisse cuts 9,000 jobs to stem losses

Summary by Ground News
Credit Suisse is cutting thousands of jobs and restructuring its business. The bank said 9,000 posts would go over the next three years. The workforce will fall from 52,000 now to 43,000 by the end of 2025. It is also setting up a "bad bank" unit to house high-risk assets.

6 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 60% of the sources are Center
60% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Times broke the news in London, United Kingdom on Thursday, October 27, 2022.
Sources are mostly out of (0)
News
For You
Search
BlindspotLocal