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HSBC cuts 840 jobs

  • July 01, 2011
  • HSBC announced 840 job losses yesterday, alongside Lloyds Banking Group’s plans to reduce staff numbers by 15,000, as its implements its long-awaited strategic review. Trade union, Unite, says the HSBC cuts will generate savings of around £9 million for the bank, or the equivalent to the bonus for chief executive, Stuart Gulliver, due to be [...]

  • Read more at:http://www.bankingtimes.co.uk/2011/07/01/hsbc-cuts-840-jobs/
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