March 24, 2023

The petition starts today: no more redundancies at CS and UBS until the end of 2023!

As a result of the takeover of Credit Suisse by UBS, thousands of workers are in-tensely worried about their future. The two banks and the Federal Council are un-der a duty to prevent a jobs bonfire and to save as many positions as possible. The management of the two major banks must not be allowed to dismiss workers hastily and ruthlessly. Therefore, today the Swiss Bank Employees Association has launched a petition on www.bankpersonal.info: no more redundancies at CS and UBS until the end of 2023 until all UBS plans for the future have been put on the table and it is clear how they are going to be implemented!

There is massive uncertainty, especially for the around 17,000 CS employees in Switzerland, although also for UBS employees. Nobody knows who will be engulfed by the wave of redundancies and what the timing will be.

By signing the petition you can call on Credit Suisse, UBS and the Federal Council to apply a redundancy freeze until the end of 2023. This is the only way to prevent normal workers having to foot the bill for the crisis. If redundancies are unavoidable, extraordinary measures will be required.

Sign the petition now at www.bankpersonal.info and help save jobs. Thank you very much for your support!
On the website www.bankpersonal.info the SBEA also provides workers affected with answers to the most urgent questions concerning the current situation as well as information concerning ongoing developments.

Contact

Natalia Ferrara, Managing Director, mobile 076 616 99 54, e-mail natalia.ferrara@sbpv.ch

The Swiss Bank Employees Association

For over 100 years, the Swiss Bank Employees’ Association (SBEA) has been the voice of employees in Switzerland’s banking and finance world. The Association strives to bring about continuous improvement in working conditions. It is a recognised social partner in the industry and signatory to the two collective labour agreements, VAB and VAZ.