Banking group HSBC has confirmed it is cutting 500 jobs across the UK.
HSBC said none of the positions were customer facing, and that it hoped that some of the affected employees would be able to move to other roles.
Updated continuously by citizens like you, Newsvine is an instant reflection of what the world is talking about at any given moment.
Banking group HSBC has confirmed it is cutting 500 jobs across the UK.
HSBC said none of the positions were customer facing, and that it hoped that some of the affected employees would be able to move to other roles.
The announcement comes after HSBC said in September that it was cutting 1,100 jobs worldwide because of the continuing global financial turmoil.
Trade union Unite accused HSBC of "using the economic downturn as an excuse to make job losses".
You're in Easy Mode. If you prefer, you can use XHTML Mode instead. You're in XHTML Mode. If you prefer, you can use Easy Mode instead. (XHTML tags allowed - a,b,blockquote,br,code,dd,dl,dt,del,em,h2,h3,h4,i,ins,li,ol,p,pre,q,strong,ul) |