UBS plans to hire 3000 staff in India as Swiss job cuts loom
UBS plans to hire 3,000 staff in India to expand tech and AI operations. The move comes as the bank cuts 3,000 Swiss jobs following its Credit Suisse merger.
Insights:
UBS Group AG announced on February 11, 2026, that it expects to hire up to 3,000 people in India 
IN while simultaneously confirming that around 3,000 Swiss jobs will be cut. This strategic shift is part of the bank's ongoing integration with Credit Suisse following the 2023 acquisition. The twin moves are set to materially alter the workforce distribution of the firm, significantly affecting the employment footprints in both Switzerland 
CH and India.
IN while simultaneously confirming that around 3,000 Swiss jobs will be cut. This strategic shift is part of the bank's ongoing integration with Credit Suisse following the 2023 acquisition. The twin moves are set to materially alter the workforce distribution of the firm, significantly affecting the employment footprints in both Switzerland CH and India.
