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Unions demand talks over HSBC job cuts

by LLB Editor
18th Feb 20 12:03 pm

The workers union Unite has demanded talks with HSBC executives to discuss how UK staff might be affected by the bank’s impending job cuts.

Unite represents 20,000 of HSBC staff who work in branches and contact centres, back office and processing roles.

Unite national officer for finance Dominic Hook said: “Despite HSBC still making billions of dollars of profit, once again hardworking and dedicated staff have woken up to the news that their job could be at risk.”

As part of its results presentation this morning, the UK lender said it would scale back headcount from 235,000 to 200,000 over the next three years and that there would be ‘serious implications’ for UK staff.

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