HSBC job cuts in Hong Kong part of $2.5B savings plan
HSBC is set to announce $1.5 billion in annual cost savings as part of its ongoing restructuring efforts, with significant job cuts already underway. The...
Tag : share buyback
Germany’s Commerzbank announces 3,900 job cuts as part of new plan
Germany’s second-largest lender, Commerzbank, announced plans on Thursday to cut 3,900 full-time jobs by 2028 as part of its latest strategic overhaul. The job reductions...