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HSBC cuts over 2,000 UK jobs

Banking giant HSBC today has confirmed 2,217 job losses in the UK. The firm said it was "eliminating unnecessary bureaucracy" in a statement on the cuts.

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Unite union's reaction to HSBC job cut

Unite has expressed outrage at the proposal by HSBC management that the bank plans to cut over 3,100 jobs from the UK.

The decision will impact HSBC staff across the country.

There is no justification for this awful treatment of staff. How can the bank announce 3,167 staff cuts when it was the workforce that delivered it a profit of £13.8 billion last year?

The hypocrisy of CEO Stuart Gulliver taking home £8 million, while claiming the bank must cut thousands of staff in order to save money, will not be lost on the workforce.

Unite is outraged that bank workers serving HSBC customers daily are having their jobs cut which will mean service will suffer.

– David Fleming, Unite national officer

Unite has said it will be meeting with and consulting with its members to plan the next steps in response to the announcement.

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