Switzerland's Holcim to cut 3,300 jobs
SWITZERLAND'S Holcim, one of the world's largest cement groups, said on Thursday it will cut some 3,300 jobs, mostly in the United States, as it seeks to deal with the global economic crisis.
Switzerland's biggest bank UBS has said it would cut 2,000 more jobs as it revamps its investment bank which had been battered by the US subprime crisis.