"Some impacted IT roles..."
Published: 26 September 2008 12:36 BST
HSBC has confirmed IT workers will be hit by the 1,100 job cuts the bank announced on Friday, as fallout from the global credit crunch continues.
The cuts will affect the bank's global banking and markets operation.
A spokesman for the HSBC told silicon.com he could not confirm how many IT roles are affected but added: "There are some impacted IT roles but it's a sort of trimming across the board rather than one particular area."
Another spokesman confirmed the affected jobs are in front and back office operations.
About half of the roles to be cut are thought to be UK-based, with both contract staff and permanent staff likely to be affected.
Wealth Management/ Financial Consultants to High Net Worth Individuals and Companies in Kuala Lumpur and BangkokThere is a very buoyant market to ...
Ideally the successful candidate will come from a leading competitor such as Lloyds, HBOS, HSBC, Barclays, Lehman Brothers or similar. Coming from an ...
Security Consultant: The Security Consultant will take a leading role in developing the security practice across the Government and Defence market ...
Agenda Setters 2008
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Nick Heath
David Lister on smart grids and why he left RBS
Interview: National Grid CIO
Andy Jones
Why banks will push ahead with offshoring
Comment: Even if they don't want to
Catherine Stagg-Macey
Legacy IT holding back insurers
Comment: Economic crisis means finance giants must step lively
Julian Goldsmith
The City fund manager with no IT department
Q&A: How asset management is embracing the cloud...
Peter Cochrane
Peter Cochrane's Blog: How tech can solve the banking crisis
Bring on a machine-based economy
Peter Fawcett
How financial turmoil will shape outsourcing
Comment: Deals on hold and all eyes on cost