Archive · 23 May 2025
UBS to Shift Tech Jobs from Mumbai to Hyderabad by 2025
UBS, a big bank, is moving about 1,000 tech jobs from Mumbai to Hyderabad by 2025.
They want to grow their team in Hyderabad to around 3,500-4,000 people.
Pune is currently their biggest hub with many tech jobs.
UBS is also aiming to have about 20,000 employees in India by 2026.
They are using AI and other tech while hiring more permanent staff.
India is important for UBS's tech and plays a major role in the company's operations.
UBS plans to move approximately 1,000 tech roles from Mumbai to Hyderabad by the end of 2025.
The bank aims to grow its Hyderabad headcount to 3,500-4,000 within the next 2-3 years.
UBS's largest hub in India is Pune, with around 10,000 employees.
UBS intends to stabilize its India headcount at around 20,000 by the end of 2026.
The bank is investing in building AI capabilities in India.
- Who
- UBS, a global banking giant
- What
- UBS is shifting around 1,000 tech jobs from Mumbai to Hyderabad
- When
- By the end of 2025
- Where
- Hyderabad and Mumbai, India
- Why
- To rationalize its India headcount and expand its presence in Hyderabad
Mumbai
Hyderabad
Job Roles
Mumbai
Business-related functions may remain in Mumbai.
Hyderabad
UBS is fully invested in Hyderabad for technology.
- Company
- UBS
- Jobs Moving
- 1,000
- New Hub
- Hyderabad
- Roles Relocated From
- Mumbai
- Target India Headcount
- 20,000