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Two dozen jobs eliminated at HSBC's Depew facility

Posted at 2:59 PM, May 30, 2019
and last updated 2019-05-30 14:59:11-04

DEPEW, N.Y. (WKBW) — Approximately 2 dozen jobs have been eliminated from the HSBC facility in Depew according to a representative of international banking and financial services company. Impacted employees were notified of the layoffs this month.

Most of those positions are in the U.S. retail banking and wealth management division with the remainder coming out of the bank's global operations unit.

“We are constantly re-evaluating the needs of HSBC’s US operations to ensure we have the right roles in the right locations to deliver for our customers.”
Rob Sherman, HSBC US Head of Media Relations

Sherman adds that HSBC is actively creating new positions and are currently hiring in Western New York. With the layoffs, HSBC still employs arounf 3,000 people in the Buffalo area.