WITH H.S.B.C. CARD SERVICES LOCATED IN SALINAS, IT’S UNKNOWN WHAT THE LATEST NEWS FROM IT’S PARENT COMPANY WILL MEAN FOR THE LOCAL ECONOMY. H.S.B.C. OFFICIALS ANNOUNCED YESTERDAY THAT THE COMPANY AS A WHOLE WILL CUT 25 THOUSAND MORE JOBS WORLDWIDE, BETWEEN NOW AND 2013. THAT’S IN ADDITION TO THE 5 THOUSAND JOB-CUTS THAT HAVE BEEN UNDERWAY (IN THE BANKING COMPANY) SINCE THE BEGINNING OF THIS YEAR.
OFFICIALS WITH H.S.B.C. SAYS THEY PLAN TO CLOSE JUST UNDER 200 BRANCHES NATIONWIDE….ALTHOUGH THOSE WILL MOST LIKELY BE IN UPSTATE NEW YORK.
