Unfortunately, the years go by and look the same on the employment front in global banks.
In 2020, the sector, affected by the health crisis, cut more than 80,000 jobs across the planet.
That is a little more than in 2019, an already dark year.
Once again, Europe pays the heaviest price, concentrating 80% of the workforce reductions according to
Bloomberg
.
At the end of December, Commerzbank announced a reduction of 2,300 additional jobs by 2024. Santander, the first Spanish bank, plans to cut 4,000 jobs, more than the Dutch ABN Amro (2,500) and ING (1,000) .
More strikingly, HSBC, which is in the midst of a reorganization, is preparing to downsize by cutting 35,000 jobs in three years worldwide.
Read also:
Banks: the specter of bad loans hovers again over Europe
Even if the job cuts are out of step with what is happening elsewhere in the banks of the Old Continent, France has not been spared in 2020. HSBC France, which is for sale, has announced 812
This article is for subscribers only.
You have 80% left to discover.
Subscribe: 1 € the first month
Can be canceled at any time
I ENJOY IT
Already subscribed?
Log in
