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UBS Group is restructuring its business activities in France and will eliminate less than 50 positions.
A UBS Group spokesperson stated that this decision was made after the "integration of Credit Suisse." The spokesperson indicated via email, "UBS Group has reached an agreement with the employee committee to restructure part of the Business activities in France." Therefore, "fewer than 50 positions will be eliminated." The company will provide "measures to support affected employees." "France remains a strategic growth market for UBS Group in Europe."
73903871 : UBS Group's stock price has plunged; are there any issues with its fundamentals?
RenenoMirai OP 73903871 : Dont think so, Wait until P/B under 1 then topup