HSBC to Cut Up to 10,000 Jobs to Slash Costs, FT Reports
A pedestrian passes in front of a HSBC Holdings PLC building in the financial district of Toronto, Ontario, Canada. (Photographer: Brent Lewin/Bloomberg)

HSBC to Cut Up to 10,000 Jobs to Slash Costs, FT Reports

(Bloomberg) -- HSBC Holdings Plc may eliminate as many as 10,000 jobs as part of a cost-cutting drive, according to a Financial Times report that signaled Europe may bear the brunt of the initiative.
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