Thread regarding HSBC Holdings PLC layoffs

HSBC will be downsizing in 2014

We'll continue to cut, at least here in US. Look at what's happening with all other banks and you'll be able to predict what's going to happen with HSBC. I am not predicting doom, however HSBC moves sometimes slower than our peers and since everyone is cutting deep (Chase is cutting 10K people) we'll follow the suit very soon. Now, I am not sure are we talking about 2014 layoffs or 2015 layoffs, however I am sure cuts will come at some point.

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