Unite reaction to 2,900 HSBC job losses

Unite reaction to 2,900 HSBC job losses

Unite reaction to 2,900 HSBC job losses

Derek Simpson, Unite Joint General Secretary, said:

“To slash 2,900 jobs demonstrates the insincerity of the claim by HSBC to be ‘the world’s local bank’. This decision will ravage a number of local communities as sites are closed and other work is sent abroad.

“Customers of HSBC will be furious to learn that the company only believes you deserve to have a local banking service if you are a wealthy premier customer, this makes a mockery of their claim to be ‘the world’s local bank’. Unite can see no justification for the efficient and dedicated staff in the UK to lose their jobs and all basic and standard current accounts to be serviced from India. This is a kick in the teeth of the bank’s employees. Is HSBC suggesting that the money of ‘Joe Public’ is of lesser value and therefore be given a remote service?

“HSBC is a profitable institution and the announcement today is simply using the financial downturn as a pretext to make redundancies. Workers at the bank will be alarmed at the pace at which this announcement is being rushed through, the bank is cutting corners in its failure to consult appropriately with the union.”

ENDS

For further info Saba Mozakka, Unite the press office: 020 7420 8916 or 07768 693 953.