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HSBC to cut jobs in India
Hongkong and Shanghai Banking Corporation (HSBC) is likely to cut jobs in India, as part of its plan to lay off 30,000 employees globally, according to sources. The move is aimed at reducing costs and improving efficiency. While the exact number of people who would be asked to leave is not known yet, as the restructuring would begin in January, sources said most of the layoffs are likely to take place
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