HSBC (HBC) is reportedly finalizing plans to cut over 10,000 jobs, although as it's still hiring...

|About: HSBC Holdings PLC (HSBC)|By:, SA News Editor

HSBC (HBC) is reportedly finalizing plans to cut over 10,000 jobs, although as it's still hiring in Asia and LatAm, the net number of losses may be in the low thousands. The plans follow HSBC's announcement in May it would make $2.5B-$3.5B of savings within three years.