Redundancy procedure - Anonymous employee HSBC Employee Review

2.0
28 May 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Learn all the tricks of operating a multi-regional / global organization.

Cons

The redundancy procedure was as un-humane as one can imagine. With decades of service in the organization and plausible appraisals, there has been no discussion whatsoever. A lot of unconfirmed news hanging around, and on one morning, login to company intranet blocked, called by manager into a meeting room, handed the redundancy letter, access card confiscated, had 5 minutes to pack belongings and escorted down the main gate, never to be allowed entry again It was as if I committed serious breach that required disciplinary action! And never a chance to say farewell or celebrate the decades of efforts there. What a humiliating experience, especially to end the decades long of service!

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5.0
2 Jun 2026
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Pros

Good environment and nice place to work and learn

Cons

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1.0
29 May 2026
Recommend
CEO approval
Business outlook

Pros

Never come. All the positions and all area is same terrible. HR official turnover rate reach to 15%, some core hard working positions even can be a higher rate

Cons

They don't respect employees, there's a suit in New York area initiated by previous bankers in 2023. Because they asked for a lot of volunteering work on formal job but never pay

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