Cost-Cutter Hsbc Axes 3,500

Daily MailJune 18, 2004

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Summary


HSBC is shedding 3,500 staff in a bid to streamline its UK business.

Most will be head office and administration posts, with about 800 back office jobs in branches also facing the axe.

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Extract


Cost-Cutter Hsbc Axes 3,500

Up to 925 of the total may be outsourced t...

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