Banking Giant HSBC Cuts 3,000 Jobs in Asia

HSBC Holdings Plc has announced that it will slash around 3,000 jobs spread out over three years in Hong Kong.
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/stuart120247314_HSBC.jpg" alt="REVERSAL OF FORTUNE: HSBC group chief executive Stuart Gulliver speaks during a press conference in Hong Kong on August 2. HSBC also announced in August a staggering 30,000 global job cuts over the next few years, in conjunction with a plan to sell off 50 percent of its U.S. branches by 2013. (Laurent Fievet/AFP/Getty Images)" title="REVERSAL OF FORTUNE: HSBC group chief executive Stuart Gulliver speaks during a press conference in Hong Kong on August 2. HSBC also announced in August a staggering 30,000 global job cuts over the next few years, in conjunction with a plan to sell off 50 percent of its U.S. branches by 2013. (Laurent Fievet/AFP/Getty Images)" width="575" class="size-medium wp-image-1798038"/></a>
REVERSAL OF FORTUNE: HSBC group chief executive Stuart Gulliver speaks during a press conference in Hong Kong on August 2. HSBC also announced in August a staggering 30,000 global job cuts over the next few years, in conjunction with a plan to sell off 50 percent of its U.S. branches by 2013. (Laurent Fievet/AFP/Getty Images)
Caroline Dobson
Caroline Dobson
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