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Credit Suisse dismisses employees in the USA and Great Britain

28 October 2008

One of the largest Swiss banks Credit Suisse declared about reduction of 500 workplaces in bank sector. As representatives of Credit Suisse have informed, reductions will concern employees in the USA and the Great Britain.
It is not the first reduction of employees, declared by bank. Earlier Credit Suisse has informed, that it is intended to dismiss 1,5 thousand workplaces.
During last 9 months of 2008 pure losses of Credit Suisse have made 2,19 billion Swiss francs (1,46 billion euro).
During the same period company’s gain has decreased on 56 % and has made 14 billion Swiss francs (9,34 billion euro).
Credit Suisse is one of the largest European banks, providing wide spectrum of services.


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