


| HSBC proposing to reduce global workforce by 4% |
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Global banking giant HSBC is considering reducing its worldwide workforce by up to 10,000 people. The Financial Times, which broke the story, said the measure is part of a wide-ranging strategy to reduce costs. The report said most of the job cuts would be in Europe, where returns are not as attractive as those being achieved in Asia.
Posted: 2019-10-09 00:01:00
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