UBS ER?

Hey guys, Have you noticed over that past year the large number of UBS ER jobs that have been posted on main job search sites? I understand that UBS is going downhill in reputation and that associates have been screwed in comp. But is it really that bad? Many of these jobs require 2-5 years experience. I had applied to a number of firms and had interviews with all except UBS. Has anyone interviewed with them lately or know what the deal is? Thanks