WOAH: HSBC May Cut 10,000 Jobs

scream shock scared murder

Photo: Wikipedia

HSBC may slash 10,000 jobs as it attempts to cut $3.5 billion in expenses, Sky News reported.There has been a ton of layoffs across Wall Street in recent months, but this is the biggest number we’ve heard about so far.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.