HSBC axes 850 jobs in Britain

ReutersNewsPublished: May 17, 20161 views
Published: May 17, 2016

HSBC, Europe's largest bank, are due to begin laying off 850 information technology workers in Britain. As Liane Wimhurst reports, it's the first big tranche of redundancies under a restructuring plan that will eliminate 8,000 British jobs by the end of next year.

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