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HSBC

Restructuring: HSBC to sack 35,000 workers in 3 years

London – Banking giant, Hongkong and Shanghai Banking corporation (HSBC), says it plans to cut some 35,000 jobs worldwide in the next three years as it restructures and increases its focus on Asia. HSBC total workforce will fall from 235,000 to about 200,000 as the bank reduces costs and builds “a simpler, more efficient and […]