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 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.

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.

Hone - How Purposeful Leaders Defy Drift

Hone - How Purposeful Leaders Defy Drift

Geoff Tuff and Steven Goldbach

In a business landscape obsessed with transformation and disruption, Hone offers a refreshingly counterintuitive approach to today's organisational challenges.