Skip to main content

HSBC moves more jobs to India

Jun 18 2004 by Brian Amble
Print This Article

Banking giant HSBC bank has announced the loss of 3,500 UK head office and support role jobs, with 500 of the positions being shifted to call centres in India and Malaysia.

The move follows HSBC’s announcement last October that it plans to offshore 4,000 UK jobs to India, Malaysia and China.

The bank is hoping that redeployment and natural wastage will account for a significant proportion of the lost jobs.

Related Categories

Latest book reviews

MORE BOOK REVIEWS

Super Adaptability: How to Transcend in an Age of Overwhelm

Super Adaptability: How to Transcend in an Age of Overwhelm

Max McKeown

Max Mckeown's heavyweight new book draws from neuroscience, psychology and cultural evolution to develop a practical framework for human adaptability.

The Confidence Myth

The Confidence Myth

Ginka Toegel

How can women leaders break free from gendered perceptions? Professor Ginka Toegel’s new book challenges the narrative that female leaders lack confidence or that women need to "fix" themselves, arguing for a fundamental shift in how organisations recognise and reward competence.

Why Start-ups Fail: Avoiding the Traps on the Path to Commercial Success

Why Start-ups Fail: Avoiding the Traps on the Path to Commercial Success

Bernie Bulkin

Arouind nine out of 10 startups fail, but as Bernie Bulkin argues in his new book, many of these failures are preventable. Exploring the major reasons why start-ups fail and how to avoid them, this book is a must-read for any entrepreneur.