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HSBC Plans to Cut 10% of French Workforce
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HSBC announced on Wednesday that it will cut 348 jobs in France through a voluntary redundancy plan, accounting for approx. 10% of its total workforce in the country. This move reflects its accelerated strategy to streamline its organization for greater flexibility, in response to uncertain economic environment, growing competition and high internal costs, HSBC added. AASTOCKS Financial News Website: www.aastocks.com |
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