HSBC is planning to cut 50.000 jobs (mostly in Turkey and Brazil) and increase its business in Asia (particularly in China).
HSBC’s new plan
HSBC said it would shed as many as 50,000 jobs by 2017 as part of a “significant reshaping” of its business. http://t.co/Rd5htQ4F9B
— New York Times World (@nytimesworld) 9 Juin 2015