Latest Georges Elhedery News & Updates

New Delhi, April 9 (IANS) Entertainment conglomerate Walt Disney is planning to cut up to 1,000 jobs in the coming weeks, with a significant number of layoffs likely in its marketing division, according to a report.The Wall Street Journal said, citing sources, that the plans for the job cuts were initiated before Josh D’Amaro took over as the company’s chief executive officer in March.The layoffs are expected to impact less than 1 per cent of Disney’s total workforce. The company had aroun…

New Delhi, March 19 (IANS) London-headquartered investment bank HSBC is considering significant job cuts over the coming years as Chief Executive Officer Georges Elhedery looks to deploy artificial intelligence (AI) to streamline operations, particularly in middle and back-office functions, according to reports.According to a Bloomberg report, non-client-facing roles in global service centres are expected to be among the most impacted, although discussions remain at an early stage. The potential…