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HSBC to make 1,200 redundancies as part of cost cutting measures HSBC to make 1,200 redundancies as part of cost cutting measures



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Old 03-26-2009, 09:31 AM
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Post HSBC to make 1,200 redundancies as part of cost cutting measures
HSBC, which employs around 58,000 people in the UK, has announced that following a review of the business, 1,200 of its UK staff face potential redundancy which will be mainly in the processing, operations, finance, HR and IT areas. HSBC has not received taxpayer support but has just approved a £12.5bn rights issue to strengthen its [...]

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