<p class="title">British lender HSBC has laid off 150 employees supporting global operations from back offices in India as part of a global move of "realigning" operations, sources said on Thursday.</p>.<p class="bodytext">The move comes weeks after German lender Deutsche Bank also started laying off employees supporting global operations as part of the exit from the equities business.</p>.<p class="bodytext">Job impacts at HSBC are "less than 150" and this is a part of "realignment as part of ongoing operations" at the lender, which employs 2.38 lakh people globally, the sources said.</p>.<p class="bodytext">The job impacts are at the mid-management level at its centres in Pune and Hyderabad, they said. The bank employs over 15,000 people at its back offices, called as 'global capability centres', in the country.</p>.<p class="bodytext">When contacted, a bank spokesperson said, "HSBC is continually reviewing the shape of its workforce to ensure it can best serve its customers and other stakeholders."</p>.<p class="bodytext">The job impacts have happened due to a variety of concerns, including projects, individual performance and also redundancies, the sources said.</p>.<p class="bodytext">A media report on Thursday had pegged the total number of job losses at 200.</p>.<p class="bodytext">The move comes at a very difficult time domestically, where there are concerns on whether the ongoing economic growth slump would permeate into impacting jobs.</p>
<p class="title">British lender HSBC has laid off 150 employees supporting global operations from back offices in India as part of a global move of "realigning" operations, sources said on Thursday.</p>.<p class="bodytext">The move comes weeks after German lender Deutsche Bank also started laying off employees supporting global operations as part of the exit from the equities business.</p>.<p class="bodytext">Job impacts at HSBC are "less than 150" and this is a part of "realignment as part of ongoing operations" at the lender, which employs 2.38 lakh people globally, the sources said.</p>.<p class="bodytext">The job impacts are at the mid-management level at its centres in Pune and Hyderabad, they said. The bank employs over 15,000 people at its back offices, called as 'global capability centres', in the country.</p>.<p class="bodytext">When contacted, a bank spokesperson said, "HSBC is continually reviewing the shape of its workforce to ensure it can best serve its customers and other stakeholders."</p>.<p class="bodytext">The job impacts have happened due to a variety of concerns, including projects, individual performance and also redundancies, the sources said.</p>.<p class="bodytext">A media report on Thursday had pegged the total number of job losses at 200.</p>.<p class="bodytext">The move comes at a very difficult time domestically, where there are concerns on whether the ongoing economic growth slump would permeate into impacting jobs.</p>