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Société Générale Exclusive: New 900 Job Cutting Plan Explained

Société Générale, a French bank, is set to cut 900 jobs from its headquarters in France as part of a cost-saving initiative.

The headquarters of Société Générale, the French banking group, in La Defense, outside Paris. PHOTO: Shutterstock
The headquarters of Société Générale, the French banking group, in La Defense, outside Paris. PHOTO: Shutterstock

The bank’s new CEO, Slawomir Krupa, unveiled a plan in September aimed at reducing costs by €1.7 billion over the next four years.

This plan includes expected synergies from ongoing initiatives such as the creation of a new

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