HSBC starts to lay off AXA Singapore staff; over 20 given notice on Thursday

The affected employees were given three business days to consider the terms of the severance payment offered. PHOTO: AFP
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SINGAPORE - More than 20 Axa Singapore employees have been told their roles have become redundant and will be terminated, The Straits Times has learnt.

The last day of their employment with HSBC, Axa Singapore's parent company, will be Nov 30, the affected staff were informed on Thursday.

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