As I mentioned in an earlier article, UK workers unions keep a close eye on layoffs. It seems the union thinks HSBC is not telling the truth about layoffs. The U.K.’s largest labor union has disputed HSBC Holdings PLC’s announcement it is to make 1,200 staff redundant, saying the total figure would be around 2,900.
Derek Simpson, Unite joint general secretary, said: “As if it was not bad enough for staff of HSBC to hear from the media that their jobs are at risk, we now have a situation where the company is failing to come clean with the true extent of these cuts.
“This is creative accountancy with peoples’ jobs,” Simpson said. “HSBC is using clever accounting to mislead the public and staff about the number of jobs they intend to cut from the U.K. Their approach today is totally disgraceful.”
Web link: http://www.unitetheunion.com/news__events/latest_news/unite_demand_hsbc_stop_mislead.aspx?lang=en-gb
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