cut costs

HSBC will fire 10,000 employees

July 28, 2011 - 3:43am | Banks and internet banks | News
HSBC will fire 10,000 employees

HSBC Plc plans to cut its workforce which may account for more than 10,000 employees, as the bank seeks to cut its costs, reported Sky News, citing the sources with the knowledge of the matter.

Sky News adds that the plans of the bank have not been yet finalized. Meantime, officials at the company provide no comments.


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