HSBC Holdings plc’s (HSBC) incoming chief executive officer (CEO), Georges Elhedery, is considering a significant organizational transformation intended to streamline the company’s operations, according to a Bloomberg report. After taking over as the new CEO on Sept. 2, Elhedery will mull plans that could include cutting layers of middle management and reducing the number of country heads across HSBC’s global footprint.These anticipated job cuts align with HSBC’s ongoing focus on improving efficiency and co ...