Societe Generale says to cut 550 jobs over five years | Reuters

PARIS French bank Societe Generale said on Wednesday it would shed 550 jobs over five years as part of consolidation of its 20 French client treatment centres into 15 sites.

The bank said that the plan, part of a push to cut costs at its retail network while investing in digital banking, would not rely on mandatory redundancies.

(Reporting by Leigh Thomas; editing by Michel Rose)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date: Mar 09, 2016 23:45 PM

Also See