This time the report is from the UK. HSBC is to eliminate about 500 jobs in Britain, including positions at its head office in London, two people familiar with the plan said. The reductions include clerical and computer-services jobs, said one of the people who declined to be identified. An announcement may come as early as next week, said two of the people. HSBC employs about 60,000 people in the U.K. and 335,000 worldwide.

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After about 100 people requested it, here is a page with nothing on it but the HSBC Monitor Widget. It is on the Orchid View Farms website. I apologize for not knowing it was needed. I am 60 years old and do not know how to write pages specifically for small screens and iPhones. The page can be viewed by regular browsers too. On a different note, today is Thanksgiving, and there have been no new reports or submissions.

Many of you tell me that you must access our website through your home computer or iPhone because the site is blocked at work. I urge caution during these trying times, but I also think HSBC owes it to employees to keep them informed. We can only plan for the future if we know what the future holds in store.

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I had to edit this to protect the sender. Edit areas are marked as redacted. Here is the report: “I saw a few postings here referring to the recent rash of AE, ASM, SA and other retail branch job eliminations or reductions. They’ve been happening piecemeal up through yesterday. Most of those happened using the corrective action process as the sword. I am an insider and in a position to confirm those layoffs stopped for the most part late last week. Management thinks it’s best to let everyone relax through to the Thanksgiving Holiday. The big cut, which will number in the 300-400 person range, will happen Friday in the morning to mid-day hours. (Redacted) on no less than 2 conference calls firming up the plans to support the DSMS. (Entire sentence redacted). The Friday cuts are to get the last of the ‘fat’ trimmed from branches to ensure we have no more than 2 sales people in any given branch. Because of recent branch closings, instead of laying everyone off, some AEs were simply moved to another branch where it may have even doubled the sales headcount in the surviving branch. This was just rely a delay tactic.

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