Company profile

HSBC

Finance UK

toxicity score

Toxicity level 20.8 / 100

stories

4.5☕

avg rating

issue types

One of the world's largest banking groups, headquartered in London. Undertook significant redundancy rounds targeting middle management and back-office functions as part of a global simplification programme.

Issues reported

🔥 Gaslighting 🎯 Retaliation ☠️ Toxic Leadership ✕ Clear

Stories

🔥 Gaslighting ☠️ Toxic Leadership

"Simplification." Five layers became three. We were layers four and five.

☕☕☕☕

The programme was called simplification. The stated goal was removing management layers to improve agility. Five layers of management became three. Layers four and five — where I …

Paraphrased from FT / Reuters (2022-23) — HSBC simplification programme coverage

HSBC · Senior Manager

0 replies 4 Apr 2023