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SocGen to cut 530 jobs in France by 2023 - CGT union

SocGen to cut 530 jobs in France by 2023 - CGT union
FILE PHOTO: The logo of French bank Societe Generale is pictured at a bank buidling in Paris, France, April 10, 2019. REUTERS/Christian Hartmann -
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CHRISTIAN HARTMANN(Reuters)
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PARIS (Reuters) – Societe Generale <SOGN.PA> plans to cut 530 jobs in France by 2023, CGT union said in a statement.

The French bank did not immediately respond to a request to comment.

The cuts would fall on SocGen’s retail bank, including some back office jobs, The Figaro newspaper said earlier on Friday, citing unions.

(Reporting by Maya Nikolaeva; Writing by Matthieu Protard; Editing by Sarah White)

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