UBS Plans to Hire 3,000 Roles in India as It Reshapes Global…

Sarah J · 2026-02-13T16:22:17.000Z

Swiss multinational bank UBS Group AG is making a strategic shift in its global workforce footprint, announcing plans to create up to 3,000 new jobs in India mainly through a new Global Capability Centre (GCC) in Hyderabad even as it prepares reductions in Switzerland following the integration of Credit Suisse. The new roles in India will focus heavily on technology, operations and artificial intelligence capabilities, reflecting UBS’s intent to leverage India’s deep talent pool and cost-competitive ecosystem for building advanced digital solutions and support functions. The expansion at the Hyderabad centre is expected to effectively double the bank’s workforce in the city, with the hiring occurring over the next two years. UBS confirmed that the number of roles planned for India closely mirrors the number of positions expected to be phased out in Switzerland as part of its ongoing Credit Suisse integration and operational restructuring. While the bank declined to explicitly link the two developments, industry observers say the move underscores a broader shift by global financial players toward decentralised, globally distributed talent hubs. Telangana state officials welcomed the expansion, describing the new facility as an endorsement of Hyderabad’s position as a global hub for financial technology, shared services and innovation a trend that has seen multiple multinational banks establish or enlarge capability centres in India to support everything from back-office operations to technology development. With digital transformation and artificial intelligence increasingly defining the future of financial services, UBS’s investment in India highlights cross-border talent and technology flows that are reshaping how global institutions structure their operations and R&D strategies. UBS’s hiring expansion in India illustrates the deepening role of India as a strategic destination for global tech, finance and innovation teams, including those from Europe and beyond. As multinational firms expand GCCs focused on AI and digital capabilities, startups and scale-ups within ecosystem can benefit from collaborative opportunities, potential partnerships, talent mobility, and market synergies across banking technology, fintech, AI-driven services and global business services. This movement aligns with SEINET’s mission to foster Europe-India collaboration, cross-regional talent exchange and integrated innovation pathways across fast-emerging tech frontiers.

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UBS Plans to Hire 3,000 Roles in India as It Reshapes Global… | SEINET