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

The Enlightened Manager

The Enlightened Manager

Vishwanath Alluri and Harry Eyres

Can we truly manage others without first understanding ourselves? This is the question at the heart of a book that takes an unconventional approach to management by drawing on the teachings of the teacher and philosopher, Jiddu Krishnamurti.

The Voice-Driven Leader

The Voice-Driven Leader

Steve Cockram and Jeremie Kubicek

How can managers and organisations create an environment in which every voice is genuinely heard, valued and deployed to maximum effect? This book offers some practical ways to meet this challenge.

Strategy Is a Verb: Notes from the Front Line

Strategy Is a Verb: Notes from the Front Line

Martin Weigel

In this exploration of modern brand strategy, creativity, leadership and business thinking, Martin Weigel argues that strategy is not a process or a template, but a discipline of action, judgement, imagination, and consequence.