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

Unfollowing @rapplerdotcom: On the growing irrelevance of Maria Ressa

Filipinos have a President, a real President, one that they are proud of

Leni Robredo's non-stop self-promotion: Can't wait to be President?

Jose Rizal never had Tagalog in mind when he encouraged us to love our own language