Title: HSBC to dismiss tens of thousands of workers

Content: <div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/hsbc_audio.m4a' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='HSBC to dismiss tens of thousands of workers' data-article-id='449'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='9604'>One of the world's largest banks, HSBC, is planning to dismiss up to 50,000 employees. </span> <span data-start-time='9604' data-end-time='15646'>The move is part of an overhaul of the bank’s international operations. </span> <span data-start-time='15646' data-end-time='18792'>It plans to focus more on Asia.</span> <span data-start-time='18792' data-end-time='22813'>It might even move its headquarters out of London.</span> </p><p><span data-start-time='22813' data-end-time='31042'>The job cuts affect about 19 percent of the HSBC staff over the next two years. </span> <span data-start-time='31042' data-end-time='37375'>Half of those cuts will come from selling operations in Turkey and Brazil. </span> <span data-start-time='37375' data-end-time='42438'>Thousands of jobs cuts will also come from the U.K.</span> </p><p><span data-start-time='42438' data-end-time='53771'>HSBC operates in more than 70 nations with over 6,000 branches, and has tens of millions of customers. </span> <span data-start-time='53771' data-end-time='59375'>The bank has assets of more than $2.6 trillion.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/201/hs_image.jpg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=2639 data-hint-location='15646' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/what_does_focus_mean.m4a'>What does <strong>focus</strong> mean?</div><div class='choices' data-correct-choice='to direct attention or effort at something'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/a_violent_storm.m4a'><span>a violent storm</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/to_take_ownership_of.m4a'><span>to take ownership of</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/to_direct_attention_or_effort_at_something.m4a'><span>to direct attention or effort at something</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/to_remove_from_danger.m4a'><span>to remove from danger</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=2640 data-hint-location='15646' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/what_area_does_hsbc_want_to_focus_on.m4a'>What area does HSBC want to focus on?</div><div class='choices' data-correct-choice='Asia'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/asia.m4a'><span>Asia</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/united_kingdom.m4a'><span>United Kingdom</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/brazil.m4a'><span>Brazil</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/poland.m4a'><span>Poland</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=2641 data-hint-location='0' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/one_of_the_worlds_largest__blank__is_planning_to_dismiss_up_to_50000_employees.m4a'>One of the world's largest <span class='blank'>banks</span> is planning to dismiss up to 50,000 employees.</div><div class='choices' data-correct-choice='banks'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/hotels.m4a'><span>hotels</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/airports.m4a'><span>airports</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/monuments.m4a'><span>monuments</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/201/banks.m4a'><span>banks</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button class='speak-button'></button></div></div></div>

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One of the world's largest banks, HSBC, is planning to dismiss up to 50,000 employees. The move is part of an overhaul of the bank’s international operations. It plans to focus more on Asia. It might even move its headquarters out of London.

The job cuts affect about 19 percent of the HSBC staff over the next two years. Half of those cuts will come from selling operations in Turkey and Brazil. Thousands of jobs cuts will also come from the U.K.

HSBC operates in more than 70 nations with over 6,000 branches, and has tens of millions of customers. The bank has assets of more than $2.6 trillion.

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