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HSBC - Cutting IT contractors?

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  1. #1

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    HSBC - Cutting IT contractors?

    Don't think I've seen this in the SCMP or other online news outlets.

    Hongkong and Shanghai Banking Corp is rumored to be cutting the contract period of staff from its Information Technology department to three months from one year.

    The bank currently has about 1,000 contracted IT staff. One employee told local media that many colleagues had their contracts shortened to three months. They sees the lender is aiming to end all contracts by the end of September, and not to renewal them at that time.
    (As usual ... the image shown in the preview does not represent IT contractors at HSBC...)

    IT contract cuts rumored - The Standard

  2. #2

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    Interesting choice of a picture....Is it the fault of Standard or Embedly or Geo ?


  3. #3

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    HC - something to do with Embedly / Standard. They use an OG:Image tag .. but it does not seem to get picked up.

    HowardCoombs likes this.

  4. #4

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    HSBC sacked 120 IT staff at end of March 2017, that was the first round of cuts, with more threatened.

    They are hiring in China the report states

    HSBC lays off 120 technology staff in Hong Kong in cost-cutting plan | South China Morning Post


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    boobies woohooo


  6. #6

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    Quote Originally Posted by chuckster007:
    boobies woohooo
    That sort of talk should be reserved for their compliance staff.

  7. #7

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    I work in IT and unfortunately confirm that shri's picture tool thingy is totally fucked and that picture does not represent IT workers in any way shape or form. I'm looking outside my office at my staff now and all I see is a bunch of geeks playing clash royale on their phones.

    chuckster007, orel100x and AGxM like this.

  8. #8

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    Fire each and every clown who is not on stackoverflow or github.


  9. #9

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    Quote Originally Posted by shri:
    Fire each and every clown who is not on stackoverflow or github.
    Github sucks. CodePlex is best

  10. #10

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    Quote Originally Posted by HowardCoombs:
    Github sucks. CodePlex is best
    Sure.. its availability will match HSBC IT contracts.
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