Societe – Muhasebe News https://www.muhasebenews.com Muhasebe News Tue, 09 Apr 2019 15:16:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Societe Generale to cut 1600 jobs https://www.muhasebenews.com/en/societe-generale-to-cut-1600-jobs/ https://www.muhasebenews.com/en/societe-generale-to-cut-1600-jobs/#respond Tue, 09 Apr 2019 15:16:45 +0000 https://www.muhasebenews.com/?p=54141 France’s third biggest bank is planning on cutting 1600 jobs worldwide after its weak financial performance last year.

The Bank aims to increase its profit through such measure.

It will lay off 750 employees in France and all redundancies will be made voluntary.

SocGen announced in February that it would cut 500 million euros in costs after a market downturn highly affected its fourth quarter balance sheet.

 

 

 

 

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