UBS may well regret how it has handled informing its staff about their redundancies today.
The FT reports that UBS was one of the most popular trends on twitter, as the blogosphere flooded with comments describing the shock and resentment of staff.
According to the PR bullshit being spouted by UBS the redundancies are a ‘strategic acceleration from position of strength.’
Who hires these people, and why are they still in their jobs?
