FinTech
Avaloq Plans Job Cuts
The Zurich-based software firm said it will cut 3 percent of its workforce, or as many as 60 employees. The cuts will come from Avaloq's Ticino-based sourcing division, which suffered a setback when two partners quit long-term contracts. Banca della Svizzera Italiana, or BSI, withdrew when it was bought by…
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