Credit Suisse Mulls Offshoring 1,000 IT Jobs

BREAKING NEWS

Credit Suisse is reportedly planning to offshore 1,000 IT jobs from the U.S. and the U.K. to India, and while officials at the firm acknowledge they are investigating their options, they decline to comment on specifics.

According to a report in the London-based The Daily Telegraph, the investment bank has already asked a number of suppliers in India to help assess and organize the job shifts. It was not known by press time how the offshoring would affect trading rooms in London and New York.

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