Pedestrians stand in front of the HSBC Holdings Plc headquarters building in Hong Kong, China, on June 9. HSBC will eliminate as many as 25,000 jobs through 2017 as CEO Stuart Gulliver seeks to cut annual costs by about $5 billion to restore profit growth.
Pedestrians stand in front of the HSBC Holdings Plc headquarters building in Hong Kong, China, on June 9. HSBC will eliminate as many as 25,000 jobs through 2017 as CEO Stuart Gulliver seeks to cut annual costs by about $5 billion to restore profit growth. Jerome Favre Bloomberg
Pedestrians stand in front of the HSBC Holdings Plc headquarters building in Hong Kong, China, on June 9. HSBC will eliminate as many as 25,000 jobs through 2017 as CEO Stuart Gulliver seeks to cut annual costs by about $5 billion to restore profit growth. Jerome Favre Bloomberg

HSBC slashes jobs as it shifts focus further to Asian roots

June 09, 2015 08:20 AM