UBS Group AG (UBS) is planning to cut jobs in France amid the country's sluggish economic growth and ongoing efforts to integrate Credit Suisse (“CS”) following its acquisition in June 2023, per a Bloomberg report.A spokesperson from UBS said, “Due to a less favorable market environment and after the integration of Credit Suisse earlier this year, UBS is considering a restructuring of some its business activities.”Rationale Behind UBS’ Plan to Cut JobsThe French economy is facing significant challenges, wit ...