Credit Suisse cuts 9,000 jobs to stem losses

Credit Suisse cuts 9,000 jobs to deal with losses. Read more

Banking giant, Credit Suisse is cutting off thousands of jobs to restructure its business to deal with losses and investor concerns. The bank announced it would take decisive actions after it reported losses of $4 billion in the recent quarter.

Credit Suisse axes 9,000 jobs after 'ugly' losses

The banking giant is slashing jobs and restructuring in a bid to stem heavy losses despite a massive cash injection.

Credit Suisse to cut 9000 jobs to curb losses

As a part of the restructuring plan, the company will cut down over 9000 jobs. Credit Suisse said that it expected to run the bank...

Credit Suisse to cut 2,700 jobs

Announces a “radical restructuring” with capital increase included, after losing $6 billion until September

Credit Suisse cuts 9,000 jobs to stem losses

After a series of scandals and financial losses the Swiss banking giant is cutting jobs and restructuring the business.

Credit Suisse aims for 9,000 job cuts in face of $4bn loss

Credit Suisse has unveiled a drastic plan to cut thousands of jobs, spin off part of its troubled investment bank and raise $4 billion from investors as its new