Finextra — Credit Suisse to shift Swiss IT jobs offshore - report

26 February 2007
Investment bank Credit Suisse is looking to outsource over half of the 5000 IT jobs at its operations in Switzerland to cheaper offshore centres, according to press reports.

As is well known, Switzerland is a landlocked country. This outsourcing would thus have to be conducted internally, off the shores of its largest lakes. Among other problems, this would lead to the creation of the oft deplored ‘islands of IT’.

You can hear the complaints already: “Why did they have to put the support centre there? Those Genevese have no understanding of our problems, can’t be expected to understand our culture and, anyway, I can barely make out what they’re saying.”