HSBC staff face an unhappy Christmas as bank announces job losses
5 December 2011
David Fleming, Unite national officer said: “For the hugely
profitable HSBC bank to announce 551 job cuts, just three weeks
before Christmas, is disgraceful. Unite has urged the bank to
reconsider this decision which will cause unhappiness for staff
during the holiday period.
“Unite strongly opposes these job cuts and is seeking
redeployment opportunities for all the 551 employees, which
represent upwards of a third of business banking managers and staff
dealing with medium scale companies. Staff at the bank have seen
constant turmoil since August when the bank announced 25,000 job
cuts globally. This decision is another blow.
“On the day when HSBC has been fined £10.5m for giving
inappropriate advice to elderly customers, it is bizarre that it
would choose to make staffing cuts. Instead the bank should be
working to improve the quality of its service.”
ENDS
For more information please contact: Saba Mozakka, Unite press
office on: 07768 693 953.
