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Paris (Reuters) -HSBC, in France, 348 jobs in France amounted to 10% of the workforce in the country that the bank said on Wednesday.
Work losses are part of the conclusion that CEO Georges Elhedery, aimed at reducing costs in the end of 2026.
HSBC has already been sold in France in France and the bank’s retreating of slow-growing European and North American markets in France.
“These developments in France are to make the organization more flexible to adapt HSBC to adapt to an uncertain economic environment, growing competition and high domestic expenses …
(Gv de CLCQ and David Goodman are notified by Mathieu Rosemuleding)
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