Appeal to Reconsider HSBC Data Center Exit in Sri Lanka 🏦

• Overview: Opposition MP Ravi Karunanayake has written to HSBC Group leadership, appealing to reverse the planned closure of HSBC Electronic Data Processing Lanka (HDPL). • Key Impact: The decision affects 1,659 active jobs (as of Sept 30, 2026), down from a peak workforce of ~4,500 young professionals in the ICT/BPM and global business services sector. • Context: HSBC's notice (issued Oct 7, 2026) attributes the exit to a global operating-model review rather than the local unit's performance. • Proposal: Karunanayake offered to assemble bipartisan Government support to negotiate operating costs, recruitment, training, infrastructure, and policy to retain and reinvest in Sri Lanka's services sector.