Unstable company - Associate Director - IT UBS Employee Review

Since layoffs started in 2007, UBS has been downsizing. Changes in management, changes in direction, statements, 'quick wins'. If you work in IT, the technologies in most of the groups are badly outdated. Recent staff reductions across all levels of organization left most application teams bare bone. UBS is late to jump on the 'lefts outsource IT' band wagon, but they certainly picking up more speed. With staff cuts came the benefits cuts. No more free ferry service. If you live in NJ or commute by car, parking costs the same as ferry.