News: HSBC to cut 330 jobs from commercial banking arm in Britain

Employee Relations

HSBC to cut 330 jobs from commercial banking arm in Britain

Global banking giant HSBC will cut 330 jobs in Britain due to the very challenging economic environment. The job cuts will mainly come from the commercial banking arm of HSBC in Britain. The bank is also shedding jobs in retail banking, wealth management and technology services. The bank on its part is making every effort to support impacted employees and redeploy as many people as possible within the bank.

Global banking giant HSBC will cut 330 jobs in Britain due to the very challenging economic environment. The job cuts will mainly come from the commercial banking arm of HSBC in Britain. The bank is also shedding jobs in retail banking, wealth management and technology services. The bank on its part is making every effort to support impacted employees and redeploy as many people as possible within the bank.

Source: The Economic Times

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Topics: Employee Relations, #Updates, #Jobs

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