Oct.07 -- HSBC may eliminate as many as 10,000 jobs to save costs. That’s on top of the 4,700 announced in August. According to the financial times, HSBC is questioning why it has so many people in Europe when it has double-digit returns in parts of Asia. Bloomberg Intelligence’s Jonathan Tyce discusses the cuts on “Bloomberg Daybreak: Europe.”
HSBC to Cut 10,000 Jobs to Trim Costs: FT
Oct.07 -- HSBC may eliminate as many as 10,000 jobs to save costs. That’s on top of the 4,700 announced in August. According to the financial times, HSBC is questioning why it has so many people in Europe when it has double-digit returns in parts of Asia. Bloomberg Intelligence’s Jonathan Tyce discusses the cuts on “Bloomberg Daybreak: Europe.”
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