Recruiters worldwide are inundated with calls from anxious Credit Suisse bankers seeking new jobs amid the UBS takeover, report says

Tech Insider
People walk by the New York headquarters of Credit Suisse on March 15, 2023 in New York City. After its largest shareholder said it could not provide further support, Credit Suisse shares fell by as much as 30% on Wednesday as global concerns over the stability of major banks continued to spread.
Credit Suisse staff are reportedly flooding recruiters with calls about new jobs.

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'Nobody has a clue what happens next': Industry insiders react to Credit Suisse's rescue takeover by UBS

Tech Insider
credit suisse
Credit Suisse was bought by UBS over the weekend in a deal pushed by Swiss regulators.

Fabrice Coffrini/AFP/Getty Images)

Companies are using layoffs to cut new-hire salaries and win back the power they held before the pandemic, some recruiters say

Tech Insider : Economy
man getting laid off and waving goodbye
Companies are lowering salaries for new hires, and recent layoffs are tamping down the power of remaining employees, recruiters say.

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