SocGen Announces Close to 1600 Job Cuts

SocGen Announces Close to 1600 Job Cuts

Assessment

Interactive Video

Business

University

Hard

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Societe Generale is set to cut 1600 jobs, with 750 in France, as part of a strategy to simplify its head office and achieve sustainable growth. The bank aims to streamline operations for profitability, despite the significant job losses.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How many jobs will be cut in France according to the report?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the overall goal of Societe Generale as mentioned in the text?

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