Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
French bank Societe Generale plans to cut 947 jobs, 5% of its head office staff, as part of cost-cutting measures.
French bank Societe Generale plans to cut 947 jobs, 5% of its head office staff, as part of its cost-cutting program.
The bank aims to reduce costs by €1.7 billion by 2026 compared to 2022 without forced departures and submitted for consultation with staff representative bodies.
This move follows similar actions by other global banks, such as Deutsche Bank and Citigroup, as they seek to reduce headcount amid slowing interest rates.
13 Articles
El banco francés Societe Generale planea eliminar 947 puestos de trabajo, el 5% del personal de su oficina central, como parte de las medidas de reducción de costos.