HSBC axes 850 jobs in Britain

By: FE Online | Updated: Tue May 17 2016, 1:29 pm

HSBC, Europe's largest bank, are due to begin laying off 850 information technology workers in Britain. As Liane Wimhurst reports, it's the first big tranche of redundancies under a restructuring plan that will eliminate 8,000 British jobs by the end of next year.

Switch to Hindi Edition