British multinational investment banking giant HSBC plans to terminate about 35,000 of its global staff, or 15% of its workforce, over the next three years, with some of the job cuts due to technology and automation. In an earnings call held on Tuesday, Noel Quinn, interim chief executive, revealed the bank also plans to ditch […]The post HSBC to Slash 35,000 Jobs and Dump $100 Billion in Assets As Fintech Powers Era of Digital Disruption appeared first on The Daily Hodl.
