![HSBC is moving executives to open-plan working, as part of a wider strategic shift to cut 40% from its global head office costs](https://si.wsj.net/public/resources/images/FN-AN316_HSbc19_M_20210419025804.jpg)
HSBC boss Noel Quinn has scrapped the executive floor of its Canary Wharf headquarters as it seeks to slash real estate needs in its post-pandemic working policy.
Quinn said the 42nd-floor private offices formerly used by the bank’s top executives have now been turned into client meeting rooms.