Any word on the next layoff date, and which areas will be affected?
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hSBC plans to reduce headcount by 35k in the next 3 years.
https://www.cnn.com/2020/02/18/business/hsbc-results-2019-announcement/index.html
Please God, let it be me this time.
I wouldn't be surprised with a 2/28 date. Marketing and supporting analytics areas are visibly bloated with excess staff, performing low value and/or redundant work. Has never been seriously rationalized. Can easily absorb a 10% to 20% reduction. If a RIF doesn't occur soon, it will be a travesty. How management can allow such inefficiency for so long is mind-boggling. For some reason, efficiency and simplification initiatives have overlooked or ignored the Marketing and supporting analytics areas.
I’m hearing an rif will happen 2/28.
Hoping I will be part of it!
Sign me up. Please.
I don’t know the exact date but I’ve heard decisions will be made after 2/15 in order to wait for resignations after bonuses are paid