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Finance Layoffs: UBS and WellPoint

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Published September 23, 2009 at 9:22 AM

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Bad news for those in the finance industry. The latest reports and rumors of layoffs are at UBS (NYSE:UBS) and WellPoint Inc. (NYSE:WLP).

UBS has cut around 200 jobs at its U.S. wealth management arm, according to Reuters. The cuts will include 150 "rookie financial advisers" and support staff, according to The Wall Street Journal. These cuts were part of the 2,000 jobs the bank planned to cut in April, according to Bloomberg.

Even though several companies are laying off employees, several are also hiring. Check our job opening pick of the day from The Deal's Career Channel:

FIG Senior Analyst in Connecticut

For a roundup of all the announced layoffs to date, check out The Deal's Pink slips on Wall Street Dealwatch. Also, feel free to leave us any layoff or hiring rumors you are hearing. - Maria Woehr

Follow me on Twitter @newsgirlmw or join our Facebook Group.

Also see:

Finance Layoffs: AIG laid off 10,000 this year

Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.

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