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fromwww.independent.co.uk
1 day ago

HSBC slashes senior roles to meet 1.1bn cost savings target early

Under chief executive Georges Elhedery, who took the helm in 2024, the bank targeted $1.5 billion (1.1 billion) in annual cost reductions by 2026. However, HSBC revealed on Wednesday it now expects to achieve this by the end of June – six months ahead of schedule.
Business
Business
fromBusiness Insider
3 months ago

Companies are embracing waves of layoffs instead of doing them all at once

Many large employers are shifting to recurring, staged layoffs that reduce depth and disruption but prolong worker uncertainty and damage morale.
Tech industry
fromBusiness Insider
8 months ago

Middle manager jobs are changing - and it's a career opportunity for millennials and Gen Z

Companies are reducing middle management roles for efficiency, impacting the future landscape of workplace hierarchies.
Tech industry
fromBusiness Insider
10 months ago

Intel is joining the hardcore tech bandwagon: 'The best leaders get the most done with the fewest people'

Intel CEO Lip-Bu Tan announced significant layoffs and stricter RTO mandates to increase efficiency.
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