HSBC is said to be undertaking a new cost saving measure by the name of "project oak" there was 4,700 jobs already listed to be facing cuts, however the banks new CEO has notified of her intentions of cutting as many as 10,000 employees. As the global economy contracts companies are desperate for new ways to improve efficency, by that they mean cleaning house and they have even gone as far as to set incentives for bank managers shrinking their regional teams. They are paying managers to identify areas where jobs can be cut. Also we see the Trade deficit has continued to widen we will show you how.
job cuts HSBC,HSBC job cuts,10000 job cuts hsbc,job cuts at big banks,hsbc plans to cut as many as 10,000 jobs,job cuts 2019,mass layoffs big banks,negative interest rates banking decline,impact of negative interest rates,negative interest rates bank job cuts,negative interest rates lead to bank job cuts,HSBC cost saving plans 10,000 job cuts,decline of the banking sector from negative interest rates,
HSBC is said to be undertaking a new cost saving measure by the name of "project oak" there was 4,700 jobs already listed to be facing cuts, however the banks new CEO has notified of her intentions of cutting as many as 10,000 employees. As the global economy contracts companies are desperate for new ways to improve efficency, by that they mean cleaning house and they have even gone as far as to set incentives for bank managers shrinking their regional teams. They are paying managers to identify areas where jobs can be cut. Also we see the Trade deficit has continued to widen we will show you how.
0 Comments