HSBC has embarked on a major global restructuring program that will include its operations in Lebanon, a banking source told The Daily Star Friday. â€œHSBC branches in Lebanon will eventually witness some restructuring as part of the plan set by the administration in London,â€ the source said. [Daily Star]
This piece of news came out two weeks ago and it seems they’ve already started closing down the Verdun branch.
And they are asking employees from 3 branches to submit their resignations or they will be fired!