HSBC Holdings cuts 1,100 jobs
From Times Wire Services
HSBC Holdings, Europe’s largest bank by market value, cut 1,100 jobs, or about 4% of its global banking and markets workforce, as the deepening financial crisis threatens to extend a decline in profit.
HSBC is adding to about 120,000 financial jobs lost worldwide since the global credit crisis began just over a year ago.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
