Credit Suisse job cuts under scrutiny in Swiss parliament emergency session.
TL;DR Summary
The Swiss Bank Employees' Association has called on Credit Suisse and UBS to freeze any job cuts planned as part of their emergency merger, in an open letter to the country's parliament. The association has demanded that lawmakers consider staff affected by the collapse of Credit Suisse and halt any job losses until the end of 2023. The Swiss parliament is due to meet in extraordinary session on Tuesday to discuss the state-sponsored rescue of Credit Suisse which took place last month.
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