There has been extensive media speculation today (Monday 7 October) that the international bank HSBC is to cut a further 10,000 job worldwide.

Dominic Hook, Unite national officer responded to media reports: “Staff across HSBC have this morning woken up to dreadful widespread media speculation about the future plans of their employer.

“Unite is appalled by press reports of 10,000 job cuts globally and has raised urgent questions with the management of the bank in order to get vital answers on behalf of our members working within HSBC.

“These stories of massive job losses require a comprehensive response by HSBC in order to reassure the workforce. This is a highly inappropriate way for staff to learn about any possible changes within the business and Unite will be holding the bank to account.”

ENDS

For further information contact Saba Edwards; 07768 693 953.  

Notes to editors

Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.