HSBC revives 35\,000 job cut plan after pandemic pause

HSBC revives 35,000 job cut plan after pandemic pause

Reuters Wednesday, 17 June 2020 ()
HSBC is resuming plans to cut around 35,000 jobs which it put on ice after the coronavirus outbreak, as Europe's biggest bank grapples with the impact on its already falling profits.
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News video: HSBC revives plan for 35,000 job cuts

HSBC revives plan for 35,000 job cuts 01:28

 HSBC is resuming a redundancy plan it put on ice amid the global pandemic, and will cut around 35,000 jobs over the medium term. Francis Maguire reports.