Published 7 months ago • loading... • Updated 7 months ago

HSBC’s sweeping revamp leads to surprise Hang Seng Bank lay-offs

Summary by South China Morning Post

Some departments lose up to 20 per cent of their staff, while the hardest-hit team is cut in half, sources say.

8 Articles

Le Parisien

+4 Reposted by 4 other sources

Lean Right

HSBC bank will remove 348 posts in France

The bank presented a plan to safeguard employment for 10% of its workforce in France. "HSBC remains fully committed to Europe" reassured a source within the group.

7 months ago·Paris, France

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South China Morning Post

Center

HSBC’s sweeping revamp leads to surprise Hang Seng Bank lay-offs

Some departments lose up to 20 per cent of their staff, while the hardest-hit team is cut in half, sources say.

7 months ago·Hong Kong

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Business Times

HSBC-backed Hang Seng Bank to cut jobs as part of restructuring

Hong Kong-based lender Hang Seng Bank said on Thursday (May 15) that it was restructuring its business and streamlining duplicate roles in a move that would lead to job losses for about 1 per cent of its “core staff”.

7 months ago

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