Yesterday, the Philippine Daily Inquirer wrote that HongKong and Shanghai Banking Corporation (HSBC) will be opening 1,000 new jobs as it plans to expand in the Philippines as per HSBC country manager Mark Watkinson. But apparently they left out some words and this were “not immediate”.
HSBC has already laid off about 2,100 workers in the Philippines and reading about new jobs to be opened seemed to be contradicting. Apparently, HSBC will be expanding and opening new jobs but not now.
HSBC has two business hubs, one in Alabang and the other near the University of the Philippines campus.
British banking giant HSBC said it planned to open up 1,000 new jobs in its business process outsourcing (BPO) facility to bring to full operating capacity its second global services hub in Quezon City in the next 12-18 months.
This was the first one announced and here is the retracted statement:
British banking giant HSBC said Wednesday it had room to expand the capacity of its business process outsourcing (BPO) centers in the Philippines, but there were no immediate plans to do so.
So for the people who had their hopes up, sorry to say, there is no truth to the matter. All you can do right now is keep on looking and pray the global recession comes to an end.
[tags]philippine_daily_inquirer, mark_watkinson, university_of_the_philippines, global_recession, business_process_outsourcing, new_jobs, quezon_city, hsbc, global_services, hongkong[/tags]
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