Societe Generale about to announce 900 job cuts. mainly targeted.

The group's central functions in La Défense, near Paris, and IT should be mainly affected. Société Générale employs some 56,000 people in France, out of 117,500 worldwide. If confirmed, this job reduction plan would be the first for Slawomir Krupa, general director of the bank since May 2023. And its scale would be almost doubled compared to the information published on January 19 by the Bloomberg agency.