Leamington Part of 2,900 Hsbc Job Cuts ; Hsbc in Association with Lloydstsb.Com

Summary


A cull of UK staff at banking giant HSBC sparked union outrage yesterday amid claims that about 2,900 jobs were under threat - including 290 in Leamington Spa.

HSBC confirmed 1,200 staff face redundancy but it is understood even more jobs are at risk, as many staff who leave are not replaced and those on contracts are not renewed.

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Extract


Leamington Part of 2,900 Hsbc Job Cuts ; Hsbc in Association with Lloydstsb.Com

Derek Simpson, joint leader of trade union Unite, also claimed that 500 jobs would be moved offshor...

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