For perspective, CS SG headcount is around 3000 (may be fewer given high attrition in the past 6 months). Good split of PB and IB headcount in SG, hence given UBS’ strategy to cut most of CSIB, the number of IB cuts in SG could be in the hundreds. Also massive redundancies in the PB back and middle office (operations, IT, risk, compliance, etc) which could see several hundreds let go as well.