MarketNews | HSBC to slash 30,000 jobs as revenue stagnates

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–HSBC to cut 25,000 jobs by end of 2013, on top of 5,000 already identified –First-half revenue flat at $35.7 billion –Net profit rose 35% on lower tax charge HSBC announced on Monday that they will slashing 30,000 jobs to reduce cost and reshape the business. 5,000 employees had been identified in the list and [...]

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