← All layoffs

HSBC Holdings Plc

20,000 jobs cut · 2026-03-19
Industry: Finance & Insurance Country: United Kingdom Source type: News AI-attributed
Where AI is cited
“AI-led overhaul”
From the source

HSBC Holdings Plc is deciding on a wave of deep job cuts that could see 20,000 layoffs in the upcoming years as Chief Executive Officer Georges Elhedery bets on an AI-led overhaul, Bloomberg reported citing people familiar with the knowledge of the matter.

View primary source (livemint.com) ↗

See every recorded layoff for HSBC Holdings Plc.

Cite this entry AI Layoff Tracker, AskTheRecruiter.com. "HSBC Holdings Plc, 20,000 jobs (2026-03-19)." Retrieved Aug 1, 2026. Primary source: livemint.com.