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Northern Ireland jobs created

Firstsource, a telecommunications company, are to create eight hundred new jobs across Northern Ireland. The company announced 300 jobs would be based in Londonderry and a further 500 new posts at an undecided location. The company already operates two centres in Belfast and Londonderry employing more than 900 people.

Firstsource Solutions is a global outsourcing company and it has been given £6.7m from Invest NI to support its expansion. This will a great opportunity for local people to gain valuable, transferable skills.

UBS job cuts

Swiss bank UBS is reported to be axing 5,500 jobs, including 2,600 in investment banking, much of which is based in the City. This follows on from UBS writing £18.8 billion from the value of investments in the sub-prime crisis.

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