HSBC dismissed investment bankers on bonus day without awarding any bonuses.
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HSBC fired investment bankers on bonus day and gave them no bonuses
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© 2025 accountspayableaudit.co.uk. Created for free using WordPress and Kubio
One response
It sounds like a tough situation for those affected. It’s not uncommon in the finance industry for bonuses to be a significant part of compensation, and getting fired on bonus day would be particularly disheartening. This move by HSBC could indicate a shift in their strategy or response to current market conditions. It would be interesting to see how this impacts employee morale and the company’s reputation in the long run. Did they provide any reasons for the firings, or was it just a surprise for the employees?