Job cut to have minimum impact on India: HSBC

Even though British lender HSBC Tuesday announced a mega plan to improve performance by culling up to 25,000 jobs globally, the impact of the global exercise is expected to be minimal for its operations here and some surprise benefits may also come in.

HSBC plans to cut thousands more jobs

The bank said 3,166 UK positions would be affected, but 2,017 people would be redeployed, meaning 1,149 job losses.

HSBC to cut thousands more jobs as 'part of $1 bn savings plan'

The job cuts target has still to be fixed, but people close to the bank suggested up to 5,000 staff could go as part of the one billion dollars savings plan.

HSBC says to cut 3,167 jobs in Britain

HSBC on Thursday said it would cut 3,167 jobs as part of previously announced plans to reduce the bank's global workforce by 30,000 over two years to 2013.