Watchdog Clarifies Position on 950 HSBC Layoffs

One of the problems with receiving inside information is protecting the privacy of the provider. Even with two unconfirmed reports of layoffs at HSBC there has been no official confirmation from HSBC. Preliminary reports said there were 500 layoffs at HSBC’s Carmel facility and 450 more in New England. Consumer advocates and watchdog organization Household – HSBC Watch clarified their position in this article.