You are here: silicon.com > Financial Services > News

HSBC job cuts to hit techies

"Some impacted IT roles..."

Tags: techies, job cuts, hsbc

By Natasha Lomas

Published: 26 September 2008 12:36 GMT

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.

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure

silicon.com Financial Services
Get the latest financial services news straight to your inbox. Sign up for the FS newsletter today!


  • Jobs
Manager of Kiosk and Retail Sales

With corporate headquarters in Arlington, VA,offices in Harrisonburg, Boulder, London and Tokyo, along with over 100 retail locations in North ...

Project Manager – Treasury Systems – (Global Banking)

Overview Rewarding opportunity at a prestigious financial organisation. My client provides Custody & Clearing services for clients (institutional, ...

Change Business Analysts - Data Analysts * 15

The Credit Risk Regulatory Programme is a 3 Year programme and our client is looking for suitable Business Analysts and Data Analysts to assist on ...

Agenda Setters 2009
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.




Quick Sitemap Links: