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>> Eastern Europe is one of the hottest places to be in tech right now.

Market there is much better than in western countries, but I see projects are pushed from Poland further to the Asia. UBS is laying off thousands there, moving projects to the Indian office.

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While that's true, UBS also canceled some Filipino contracts. I guess UBS just sucks in general and has to cut costs a lot, these days.

They had $1.7bn net profit for Q1 2025. It's good for bottom line in short term to outsource to the cheapest location. Also they have tons of internal project which does not need any quality at all. Could get a bunch of students in the cheapest location for such things.

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