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
80,108 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

Windows 9 release date, price, features: Microsoft teases new OS ahead of 30 September unveiling

IDG UK Sites

From the iPhone 6 to the iWatch and a new Apple TV we look at the products Apple is set to launch...

IDG UK Sites

September 2014 creative trends: 5 things you must see

IDG UK Sites

What to expect from Apple in autumn/winter 2014: iPhone 6, iPhone Air, iWatch, iPad 6, new Apple...