Tag: Credit Suisse

UBS to axe 3,000 jobs following 100% absorption of Credit Suisse,...

After finalising the merger of Credit Suisse into UBS, the latter recently revealed that it was going to completely absorb Credit Suisse's 100 year...

Closure of Houston office of Credit Suisse will lead to job...

Credit Suisse was bought over by the UBS Group in June. Post this acquisition, UBS had revealed its intention to reduce headcount in the...

Credit Suisse China unit to implement layoffs

Credit Suisse is reportedly planning to initiate a new round of layoffs in one of its China units, which could impact over 40 employees....

UBS to axe 50% of Credit Suisse workforce post emergency takeover

The first of three rounds of layoffs will see some employees of Credit Suisse in London, New York and parts of Asia losing their...

Will Credit Suisse staff go to court for their AT1 bonuses?

The employees of Credit Suisse are planning to sue the Swiss financial regulator for cancelling their bonuses worth more than $400 million. Many senior managers...

The AT1 bond-linked bonuses of Credit Suisse employees wiped out

Credit Suisse Group AG has notified its staff that the deferred bonuses designed to imitate the value of bonds that were eliminated in the...

UBS likely to retain Credit Suisse’s private banking unit in India

Last month, UBS agreed to acquire Credit Suisse for $3.23 billion in stock and will be responsible for up to $5.4 billion in losses. The...

36000 jobs may be affected due to the merger of UBS...

According to recent reports, UBS Group AG is planning to cut its workforce by at least 30 percent worldwide following the completion of its...

Will sale of Credit Suisse to UBS affect staff in India?

The global finance crisis in the banking sector has caught up with Credit Suisse too. The Bank was sold to UBS in a deal...

Credit Suisse reveals data theft by former employee

After a long and thorough internal investigation, Credit Suisse, the Swiss bank, has finally identified the former employee who managed to copy the personal...

Credit Suisse to hire over 1,000 in India

Credit Suisse plans is gearing up to expand its team of information technology experts in India, by at least a 1,000 in 2021. Clearly,...

Sonia Grant-Yendell appointed VP-HR, UK and International, Sony/ATV Music Publishing

Sonia Grant-Yendell is now vice president, human resources, UK and International, Sony/ATV Music Publishing. Having studied business and finance in Bournemouth University, Grant-Yendell has spent...

Prashant Bhatnagar joins Credit Suisse as director-HR

In his new role, Bhatnagar will be responsible for attracting and enabling talent to help the organisation realise its strategy.

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Saudi Arabia upscales ‘Saudisation’ drive with HR jobs restriction

Saudi Arabia has taken a further step in its ‘Saudisation’ labour policy, reserving human resources (HR) positions for Saudi nationals only. This move, announced...

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Capgemini eyes major talent surge in India for FY25

Capgemini, the global professional services and IT consulting firm, has announced its ambitious recruitment plans for India for FY2025. Commencing from April 2024, this...

‘Growth in tier 3-5 cities to boost employment for talented professionals,” Sudakshina Bhattacharya

Talent tango: Fresh faces, sharp skills, or tech triumph? HR’s 2024 balancing act Prioritising talent acquisition and development remains a paramount trend. With the continual...

Zensar Technologies allots ESOPs to employees

Zensar Technologies has allotted 66,847 fully- paid equity shares to its employees. The mentioned equity shares will have equal standing with the Company’s existing equity...

Ericsson to axe 1,200 jobs amidst falling demand

Ericsson AB, the manufacturer of 5G networking equipment, is all set to axe about 1,200 jobs in Sweden. Why? Because it is not receiving...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....
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