Swiss bank Julius Baer to cut workforce by 5% in new CEO's shake-up
- Posted on February 3, 2025
- By Business News Today
- 2 Views
Swiss bank Julius Baer to cut workforce by 5% in new CEO's shake-up
Swiss bank Julius Baer plans to cut its workforce by 5%, or around 400 jobs, as part of cost-saving measures under new CEO Stefan Bollinger. The bank aims to save 110 million Swiss francs and restructure its leadership to enhance accountability.
