Hong Kong to cut thousands of civil service jobs

Hong Kong flags 10,000 civil service job cuts, AI push in bid to reverse huge deficit
Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a big AI push as it navigates headwinds from global economic uncertainty, geopolitical tensions and a weak property market.
Hong Kong is to cut thousands of civil service jobs and invest in AI to tackle a rising deficit
Hong Kong’s deficit had reached $87.2 billion Hong Kong dollars ($11.2 billion) for the financial year of 2024-2025, making it the third straight year of losses. “It gives us a clear pathway towards the goal of restoring fiscal balance,
Hong Kong to slash public spending, civil service jobs
Hong Kong's finance chief unveiled a "belt-tightening" budget on Wednesday that aimed to end the city's string of record-high deficits by 2028 while seeking growth in areas such as artificial
Hong Kong to slash 10,000 civil service jobs, push AI in bid to reverse deficit
Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a big AI push as it navigates headwinds from global economic uncertainty, geopolitical tensions and a weak property market.
Hong Kong to cut thousands of civil service jobs and invest in AI
The government has outlined a ‘cumulative reduction’ of government recurrent expenditure by 7% from now until 2027-2028.
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