Banking Giant HSBC To Cut 35,000 Jobs Amid Restructuring
The bank says it will shed nearly 15% of its workforce and $100 billion in investments as it refocuses on growth markets in Asia and reduces operations in Europe and the U.S.
British bank HSBC announced plans Tuesday to cut nearly 15% of its global workforce — some 35,000 jobs — and shed $100 billion in investments as it refocuses on growth markets in Asia.
Interim CEO Noel Quinn says the world's seventh-largest
