SocGen plans 120 job cuts in Britain to save costs
Share:
PARIS (Reuters) - France's third-biggest bank Societe Generale is cutting more than 100 support function roles in its British business, in a cost-cutting plan that extends a broader group efficiency drive announced last year.The efinancialcareers website reported that SocGen would cut 120 staff from its London-based middle and back office workforce."Societe Generale UK's platform has proposed a local cost reduction plan impacting UK headcount, mainly across the support functions," a spokeswoman..