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Unite seeks urgent talks with HSBC over plans to cut thousands of jobs

UNITE called for urgent talks with HSBC today after the banking giant confirmed plans to cut thousands of jobs worldwide, including in Britain.

Employee numbers will drop from 235,000 to about 200,000 jobs worldwide over the next three years.

HSBC’s finance chief Ewen Stevenson said there will be “meaningful” cuts in Britain, where the bank employs about 40,000 people.

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