We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

Bulletin: UBS to cut 500 IT jobs

Swiss bank giant reduces in-house tech team by 7.5%

Banking giant UBS is to cut 500 jobs from its global IT workforce of 8,700.

Some 200 posts will go in Switzerland. 180 in the US and the remainder in the UK and far east, according to reports in the Italian-language paper La Regione Ticino, which UBS has confirmed to Reuters

The investment bank has been pushing up spending on IT outsourcing in the aftermath of the recession.


IDG UK Sites

OnePlus One release date, price, specs UK: No invite needed any longer

IDG UK Sites

15 analogue facts that today's kids won't understand: winding tapes, Ceefax and more

IDG UK Sites

da Vinci Junior 3D printer review

IDG UK Sites

WWDC 2015: What Apple will launch at WWDC 2015: Apple TV, Macs, more & how to get WWDC tickets