HSBC job cuts in Hong Kong part of $2.5B savings plan
HSBC will announce $1.5 billion in cost savings and 40 job cuts in Hong Kong as it restructures, with further layoffs expected as part of a shift towards Asian markets....
Tag : share buyback
Germany’s Commerzbank announces 3,900 job cuts as part of new plan
Commerzbank will cut 3,900 jobs by 2028 while targeting a €2.4B profit in 2025, as part of a restructuring plan amid speculation over UniCredit’s increasing stake....