HSBC may cut more than 10,000 jobs

[Donut]

i don't see we are going to get back to the rolling good times we used to have, in the future.....

 

its going to be a very long tough ride, so long as US and EU dont solve their issues.

 

There will be always a constant fear of retrenchments everyday

[Mustank]

i aint joking and i am not referring to the contents. your english really good! thete is no way i can write like this. this place really alot of wuling high hands m

[Greatbirdlegend]

i don't see we are going to get back to the rolling good times we used to have, in the future.....

 

its going to be a very long tough ride, so long as US and EU dont solve their issues.

 

There will be always a constant fear of retrenchments everyday

 

that's going to take a while.

if you scan the news regularly you will see recently that the cuts are starting up again.

Cisco, RIMM, Merck etc etc.

Not good signs.

[Mustank]

wow! i didnt know they lost money for keeping S$ in the band. Must have been expensive man. if they sell S$, wonder what they buy. hopefully gold and not US$

 

i think newspaper got say strong S$ can help lower imported inflation. but it cannot solve housing and coe issue.

[Greatbirdlegend]

 

 

HSBC to hire 15,000 in emerging markets by 2014

Posted: 02 August 2011 1055 hrs

 

 

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[Blogtowkay]

dun think asia market will be really affected by the job cuts.

[Toapayohkid]

dun think asia market will be really affected by the job cuts.

 

hard to say, but maybe so as asia sounds like doing well compared to europe with its crisis looming.

[Yewheng]

http://www.channelnewsasia.com/stories/afp...1144426/1/.html

 

What I feel HSBC now doing is to reduce as much impact as possible should USD collapsed.. and wait till economy starting to recover and will start hiring people and will focus on Asia market. A smart move.

Edited August 2, 2011 by Yewheng