BERLIN (Reuters) - The Swiss government expects no significant upheaval with regards to the labour market following the integration of Credit Suisse (SIX:CSGN) into UBS, Federal Councillor Guy Parmelin said on Thursday.
"Possible redundancies are to be staggered. The labour market impact should therefore remain low, especially as the current labour market situation is generally very good," Parmelin said in a statement emailed to Reuters.