Zurich – The Swiss banking giant UBS tightened its austerity measures and a media report, around 2,000 jobs will degrade in information technology. The savings in the 8200-strong IT sector would be accompanied by an even more comprehensive job losses in the group, told the "Tages-Anzeiger" with reference to insider. In the computer department of the big bank therefore had an annual savings of more than one billion Swiss francs, the equivalent of about 825 million euros, planned. "The reduced costs in the IT field of this magnitude is only understandable when parallel the activities cut across all Business Units, too," the newspaper quoted a UBS computer. Intern would expect that the largest Swiss bank worldwide up to 20 percent, or about the 12th Currently about 700 of the 63rd 500 jobs could be deleted. In a note to the staff wrote UBS CEO Sergio Ermotti, to date, no final decisions had been taken, as the review of business processes still ongoing. Ermotti is currently trying to top management on a tightening of austerity especially to swear in investment banking. In a furious internal letter dated Saturday evening Ermotti resisted, according to a new report of the "Tages-Anzeiger" against speculation about its strategic plans. He was "personally disappointed because there are people in the bank who act irresponsibly, or only in their own interests by contributing to this speculation." But he would not comment on this, "contain no matter whether they are false or true elements". As Reuters had recently learned from banking circles, UBS could face a reduction of more than the previously announced 3,500 jobs. Analysts believe that the bank is likely to announce already at the end of October, pending publication of the figures for the third quarter further cost-cutting measures. Action has also disclosed the completion of the second quarter. With a drop of more than half to 425 million Swiss francs of net profit missed market expectations. Particularly in investment banking, it ended badly. In Germany, UBS employed at 14 locations over 1200 employees.