HSBC job losses to hit IT workers

The bank has confirmed that tech workers will be among those affected by the 1,100 job cuts announced last week

HSBC has confirmed IT workers will be hit by the 1,100 job cuts announced by the bank announced on Friday, as the fallout from the global credit crunch continues.

The cuts will affect the bank's global banking and markets operation.

A spokesman for HSBC told sister site that he could not confirm how many IT roles are affected, but added: "There are some impacted IT roles, but it's a sort of trimming across the board rather than one particular area."

Another spokesman confirmed the affected jobs are in front- and back-office operations.

About half of the roles to be cut are expected to be UK-based, with both contract staff and permanent staff likely to be affected.