09-06-2015, 05:07
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#1
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Still alive and fighting
Join Date: Jun 2007
Location: In the land of beyond and beyond.
Services: XL BB, 3 360 boxes , XL TV.
Posts: 56,708
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HSBC to cut 8000 jobs in the UK
HSBC to cut 8000 jobs in the UK.
http://www.bbc.co.uk/news/business-33058957
Quote:
HSBC, Europe's biggest bank, is planning to cut 20,000 jobs around the world as it tries to reduce costs and simplify its business.
That accounts for more than 7% of its 266,000 jobs globally. About 8,000 of those cuts will happen in the UK.
The bank will also sell businesses in Turkey and Brazil, it said on Tuesday.
HSBC confirmed that it was reviewing whether to move its headquarters out of the UK, and will make a decision by the end of the year.
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“The only lesson you can learn from history is that it repeats itself”
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