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Coffeeshop Chit Chat - Morale - ALL time low in UBS blood bath!</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">chorut <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">Apr-15 9:50 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 7) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>11558.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Understand from some banking friends UBS had a blood bath in their Asia Pacific offices yesterday. Moirale was at a all time low - most of those affect had already packed up their things in anticipation of this blood letting...BUT some were taken by surprise as they were good performers- but yet were axed.
One the other hand two things stood out:-
1) Highly paid useless expats were not affected. Not one kwailo/ang moh affected so far!
2) a few highly paid useless ladies ladies who knew how to politick well were also spared.
Axeing was done perfunctorily ....really disgusting!
The Asian units were th eones doing well and the people working there becomes the victims!
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One the other hand two things stood out:-
1) Highly paid useless expats were not affected. Not one kwailo/ang moh affected so far!
2) a few highly paid useless ladies ladies who knew how to politick well were also spared.
Axeing was done perfunctorily ....really disgusting!
The Asian units were th eones doing well and the people working there becomes the victims!
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