Opposition MP and former Finance Minister Ravi Karunanayake has urged HSBC Holdings PLC to reconsider its decision to close its Global Service Centre in Sri Lanka and relocate operations overseas.
In a letter addressed to HSBC’s Group Chairman and Group Chief Executive, the MP has called for urgent discussions to explore alternatives to the proposed closure of HSBC Electronic Data Processing Lanka and cited concerns over the future of 1,659 employees.
He requested HSBC’s leadership to reopen the decision and engage in time-bound discussions before the planned migration becomes irreversible.
The letter by MP Ravi Karunanayake is as follows :
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