Failed bank HSBC may cut 10,000 jobs. HSBC I think has been bailed out 3 times now if I remember it properly.
Another failed bank getting tax payers money to stay afloat.
HSBC may slash up to 10,000 jobs to cut costs -FT Workers in highly-paid roles and positions in Europe could be the first to go, according to a Financial Times report.7 hours ago
HSBC, which said earlier this year that it would axe 4,700 jobs, is the latest global bank to have let tens of thousands of staff go [File: Brendan McDermid/Reuters]
HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday.
https://www.aljazeera.com/ajimpact/hsbc-slash-10000-jobs-cut-costs-ft-191007004314257.html
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HSBC to cut 10,000 jobs
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