Positions Axed as Credit Suisse Move Operations Off-Island.

9 Jobs Go as Credit Suisse Re-Locate to Guernsey

Credit Suisse in Douglas have announced that nine jobs are to go, as their operation moves off Island.

The financial services firm is set to move their office in Victoria Street Douglas to Guernsey in November.

The job losses are the latest to hit the Island’s financial services industry and despite the company vowing to keep on an operation here, they are at the moment not offering any more comment.

In comparison to the UK and Ireland however the Island’s unemployment levels are still at relatively healthy state.