Asia Sentinel

Asia Sentinel

Job Cuts and Parties

Our Correspondent
Sep 20, 2011
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It may appear that the banking sector is once again vigilantly exercising prudence and going all out with their cost-cutting measures in case another global economic and financial crisis is on the horizon.

The sector is shedding thousands of jobs – 5,000 alone in 2011 from Hong Kong’s HSBC with another 25,000 reported to be cut by the end of the year. Ac…

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