SocGen to Cut About 40 Branches in France by 2027, Source Says
7 Articles
7 Articles
The Société Générale plans to close 148 sites, including 40 agencies, as part of a reorganisation of its network which raises the concern of the unions. The Société Générale plans to close 148
No layoffs would be expected, but 40 managerial posts would be abolished, and the employees concerned would be redeployed to other departments of the company.
Société Générale plans to close 148 sites, including 40 agencies, on a park of about 1.770 from the second quarter of 2027, has announced a source close to the file, confirming an information of the daily Les Echo...
The bank has announced to the unions several adjustments in different subsidiaries. Removals of sites and a few dozen posts are on the agenda in the retail bank. The subsidiary SGSS is also affected by a net decrease of 80 posts and business transfers in India.
Société Générale: nearly 150 closed outlets, hundreds of reorganized posts and offshore operations in India.
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
