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UBS’ Insourcing Revolution Shakes Cognizant

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Outsourcing giant Cognizant has had to let dozens of staff in Switzerland go as UBS continues its policy under CEO Ralph Hamers of bringing entire IT departments back in house, research by finews.com shows. Both the major Swiss banks, UBS and Credit Suisse are long-standing Cognizant customers. According to finews.com’s…

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