HSBC mulls job cuts that could impact around 20,000 roles, Bloomberg News reports

HSBC Holdings Plc is weighing a ​wave of deep ‌job cuts over the coming years that ​could ultimately impact ​around 20,000 roles, or ⁠about 10% of ​its total workforce, Bloomberg ​News reported on Wednesday, citing people familiar with ​the matter.

Mar 19, 2026 - 08:00
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HSBC mulls job cuts that could impact around 20,000 roles, Bloomberg News reports
HSBC Holdings Plc is weighing a ​wave of deep ‌job cuts over the coming years that ​could ultimately impact ​around 20,000 roles, or ⁠about 10% of ​its total workforce, Bloomberg ​News reported on Wednesday, citing people familiar with ​the matter.

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