Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate ...

Some departments lose up to 20 per cent of their staff, while the hardest-hit team is cut in half, sources say.

Hang Seng Bank, a lender based in Hong Kong, has announced a restructuring initiative that would result in job losses for approximately 1% of its core workforce. In a statement, the bank ...

By the end of 2024, the bank had about 8,300 employees in Hong Kong and mainland China, but the core staff number remains ...

Hong Kong-based Hang Seng Bank is laying off employees across multiple departments such as IT and corporate communications, reducing headcounts ranging between 10% and 50%. This abrupt move comes ...

In some departments, half of the staff count has reportedly been cut, while those who remain are required to reapply for ...

Hang Seng Bank did not respond immediately to a request for comment on how many of its employees were considered "core staff". It employed around 8,300 people, mainly in Hong Kong and mainland ...

[HONG KONG] Hong Kong-based lender Hang Seng Bank said on Thursday (May 15) that it was restructuring its business and streamlining duplicate roles in a move that would lead to job losses for about 1 ...

An earlier report said that the bank is cutting 10% to 50% of staff in some teams. Hang Seng Bank has announced that it is ...