'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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