Societe Generale Announces Plan to Eliminate 1800 Positions in French Retail Banking
Societe Generale will cut 1,800 positions in its French retail banking branch through 2027. The move follows a reorganization disclosure by a labor union.
Insights:
Societe Generale SA announced on Thursday, January 22, 2026, that it would cut 1,800 positions in its retail banking branch in FR 
FR. The job cuts are expected to happen throughout 2026 and 2027 as part of a formal reorganization plan. This move represents a major workforce reduction at a systemically important French financial institution.
FR. The job cuts are expected to happen throughout 2026 and 2027 as part of a formal reorganization plan. This move represents a major workforce reduction at a systemically important French financial institution.
