HSBC to lay off 30,000 over ten years

Banking giant HSBC faces challenge of keeping morale up among staff as shareholders cheers strategy that may involve reducing the workforce by 30,000 over the next ten years.

Also at stake are "survivors" of this purge who may go on to suffer "survivor's guilt" syndrome.

More here:
http://management.fortune.cnn.com/2011/08/02/hsbc_30000_layoffs_survivors_guilt/

Comments

Popular this week

Taxes paid to #Philippines gov't all for nought as traffic worsens and crime engulfs the nation

#Philippines demands and gets apology from #Aegis for 'anti' video!

Reporters Karen Lema and Manuel Mogato of @Reuters LIED about the Duterte "Hitler" quote

Leni Robredo is politically-dead, yet the Opposition continue to coddle her