HSBC to axe up to 10,000 jobs

Beth Brearley
07 October 2019

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HSBC could see up to 10,000 job losses in its latest cost-cutting efforts under new interim chief executive Noel Quinn.

The plans are thought to be HSBC's largest cost-cutting exercise in years, according to the FT, with 238,000 people currently employed by the bank. The job cuts would be in addition to the 4,700 redundancies...

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