Thursday, March 29, 2007

Credit Suisse considers massive switch to offshore

Credit Suisse considers massive switch to offshore

by Antony Savvas, 27 February 2007, Computer Weekly

Credit Suisse is considering outsourcing over half of its 5,000 IT jobs in Switzerland to offshore centres, including India, to slash operating costs.

According to Swiss newspaper SonntagsZeitung, the bank is planning to offshore 50% to 70% of IT jobs in Switzerland, as part of plans to make around £1bn in cost savings.

Read more from here @ Computer Weekly

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