UBS going downhill - Program Manager UBS Employee Review

1.0
Aug 19, 2022
Recommend
CEO approval
Business Outlook

Pros

Hard to explain given that the company has gone severely downhill the last few years (maybe coinciding with Sergio Ermotti leaving as CEO?)

Cons

Company is severely cutting staff who are clearly not valued to the same extent they used to. In addition, hiring is impossible and there are many cliques and boys clubs that are in force through the organisation. If your face doesn’t fit you will face problems, regardless of achievements / delivery. The company has set certain diversity benchmarks which are ridiculous (over 25% ethnically diverse in UK leadership positions by 2025 and 30% women in same positions. Absolutely ridiculous.

Explore other reviews about UBS

5.0
Jun 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Strong culture, global brand, good people

Cons

Continuous changes, team dependent upward mobility

3.0
Jun 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Good Learning opportunities, Tech savvy compared to other banking / fintech companies

Cons

Too much offshore, low cost resource strategies, Gap between functional & IT resources, CS merger favored many UBS employees and massive layoffs post UBS - CS merger. Hardly any bonus or pay increments.

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