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You're browsing: Archived News » HSBC Global » Article Title: HSBC retirement issue goes global as anger builds

A report from our Live Help team shows visitors from all over the world read about the 31-year HFC employee dismissed by HSBC without retirement. ( see it here ) In fact, the report was read by HSBC in London and Hong Kong. If you recall the woman was seventeen days away from retirement after thirty-one years of service. HSBC dismissed the employee just seventeen days from her fiftieth birthday, thus she did not qualify for retirement.

Why didn’t HSBC change her job title or keep her on as an account executive, or even as a secretary? Obviously public outcry and bad publicity is going to offset any “benefit” to HSBC. To HSBC in London and Hong Kong I say this:

You saw the report. HSBC in London and Hong Kong visit this website every day. You read everything. Our logs indicate HSBC USA and Household International servers (HSBC Finance Corp) also visited and read the report. What are you going to do about it? Douglas Flint - are you going to step in? Michael Geohegan and Steven Green - is there a satisfactory resolution in this matter?

What will the board of directors think? Should everyone under the age of fifty worry about their retirement from HSBC? What about Gulliver, Stuart, Chief Executive - Global Banking and Markets and HSBC Global Asset Management, Executive Director. Stuart is only 49 years old.

After thirty-one years of faithful service no employee of any company should lose their retirement thirteen days before retirement. It is time for HSBC to correct this travesty.

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