June 28 (Cointime) -Credit Suisse will cut more than 20,000 jobs after being bought by UBS. Among them, New York bankers and traders are most likely to lose their jobs. This is another round of mass layoffs following Goldman Sachs, Morgan Stanley, JPMorgan Chase and others. Credit Suisse already cut some jobs in the first quarter of this year, but the bank still needs to cut costs further as clients withdraw funds and an expected slowdown in the U.S. economy. The layoffs, which will start in July and run through October, are aimed at reducing the combined UBS-Credit Suisse workforce by 30% or 35,000 people.