STAMFORD — International banking corporation UBS brought its corporate headquarters and thousands of employees to Connecticut in 1994 to fanfare and tax breaks from the state.
In 2007, staffing peaked at the Stamford headquarters with 4,000 employees. When the Great Recession hit in 2008, the banking giant began shedding staff as its profits dropped....
https://www.stamfordadvocate.com/business/article/10-years-after-20M-state-loan-to-UBS-Stamford-16401956.php
