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HSBC hits pause on mass layoffs after profits plunge by nearly 50%
U.S. News
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HSBC hits pause on mass layoffs after profits plunge by nearly 50%
April 28, 2020
CNN.com - RSS Channel - HP Hero
HSBC is ramping up the amount of money it is setting aside to cover bad loans as its profits plummet because of the coronavirus pandemic. It is also suspending plans to lay off tens of thousands of staff.
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