I heard HSBC is planning layoffs in Enterprise Technology, any idea if it is true? HSBC India HSBC

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Yes it's true

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So less tenure lets say about 6 months is in danger or most tenured are at risk?

This keeps happening whenever there is news abt recession or bad profit in a financial year. This way they get opportunity to fire and God knows on what basis. I have seen this in 10 yrs with HSBC

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Whole year they layed off contractors

Ohh that is correct. Thanks. I'll rectify it. So it is not laid off, many contractors contract are not extended only some are. In normal condition many contractors are extended.

I hope you agree.

Hello, I currently am an intern at EY, in Tech Risk. I have an offer from HSBC Technologies. But due to the current state of lay-offs, I am being unable to decide whether to join HSBC. Could you please help? I want to know if I'll be at risk as a fresher in HSBC of losing my job.

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