It looks like HSBC is flaunting its DISHONESY again as we begin the rooster year 2017.
HSBC in an email dated 17 January 2017, informed us that they would be announcing a second round of Voluntary Separation Scheme (VSS) in February for 60 staff who have become so called “surplus” staff. They claimed that this was as a result of ongoing initiatives.
When we asked them, what were the initiatives, the replied stating that it was ongoing streamlining of processes and automation initiatives undertaken by various departments that the Union has been informed of earlier. When we asked them, in a meeting on 2 February 2017 where were the correspondences detailing out the streamlining, automation and the steps taken by the Bank to save the jobs for the staff, the Bank representative kept quiet.
We then told them to put the VSS on hold and discuss with us because we need to ensure in the current gloomy economic climate with the Malaysian Ringgit instability and the rising cost of living, both the Bank and the Union has a duty to protect the jobs of the workers. However, HSBC has refused and has now invited a trade dispute.
We advise all members that the Bank is deliberately cutting jobs and we should not fall for this foolish talk by the Bank. Be alert and save your jobs.