HSBC reportedly cutting 1,000 HK jobs
09-02-2009
Banking giant HSBC is reported to be preparing to sack up to 1,000 staff in Hong Kong this coming week. The Chairperson of the Hong Kong Banking Employees Association, Lee Lai-Ching, said she'd received news of the redundancies, and that back-office and information-technology staff would be the hardest-hit. She said it would be 'unreasonable' for the bank to take such a step, and warned that industrial "work-to-rule" action was possible if the sackings went ahead.
