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UBS (UBS) intends to slash IT costs from 3.6B francs ($3.8B) a year to 2.4B francs by 2015 in a...
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Sunday, October 14, 2012, 6:52 AM ETUBS (UBS) intends to slash IT costs from 3.6B francs ($3.8B) a year to 2.4B francs by 2015 in a move that could hit thousands of jobs globally, the TagesAnzeiger newspaper reported yesterday. UBS employs 8,200 IT workers, 3,200 of whom are in Switzerland.
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