Get Your Resumes in Shape, Credit Suisse Staff Told

The video discusses the need for employees at Credit Suisse, particularly in wealth and asset management, to update their CVs in anticipation of significant job cuts due to UBS's acquisition. While many positions may be reduced, top performers in these units might still have a chance to retain their jobs. The message is clear: prepare for change and be ready to compete for fewer available positions.

What action are Credit Suisse employees advised to take in light of potential job cuts?

• Request a transfer to another department

• Negotiate higher salaries

• Update and polish their CVs

• Seek immediate employment elsewhere

What is the expected impact on job availability at Credit Suisse?

• No change in job availability

• A decrease in job opportunities

• An increase in job openings

• A temporary hiring freeze

What is the main reason for the job cuts at Credit Suisse?

• A change in company leadership

• An increase in operational costs

• A decline in company profits

• A merger with UBS

Which group of employees at Credit Suisse might still have a chance to keep their jobs?

• Those in administrative roles

• High performers in asset and wealth management

• Newly hired employees

• Employees in the marketing department

How are the job cuts at Credit Suisse expected to be implemented?

• Unilaterally across all departments

• Targeted towards underperforming units

• Based on employee tenure

• Randomly selected employees