Cuts announcedWednesday 21st January 2026Reported by 8 major outlets
Société Générale to cut 1,800 jobs
Société GénéraleSignsBanks & insuranceEurope
Société Générale confirmed plans for 1,800 job cuts by 2027, stating it does not intend to lay off staff, implying redeployment or natural attrition.
“Maintenant, la digitalisation a pris une telle ampleur que je peux comprendre qu'il y ait moins besoin de personnes physiques, honnêtement”
In English: “Now, digitalization has taken such an extent that I can understand that there would be less need for physical people, honestly”
Context: The group launched a vast cost reduction plan with gross cost savings of approximately 1.7 billion euros by 2026. BFM
The sources, oldest first
- 21st Jan
Le Figaro Major outlet
Société Générale announced 1,800 job cuts in France by 2027, with no voluntary departure plan.
- 21st Jan
Reuters Major outlet
Société Générale announced 1,800 job cuts in France.
- 21st Jan
Les Echos Major outlet
Société Générale announced 1,800 job cuts in France.
- 21st Jan
Ouest-France Trade press
Société Générale plans to cut 1,800 positions by end of 2027 with no voluntary exit scheme.
- 22nd Jan
BFM Major outlet
Société Générale confirmed plans for 1,800 job cuts by 2027, stating it does not intend to lay off staff, implying redeployment or natural attrition.
- 22nd Jan
La Tribune Major outlet
Société Générale announced 1,800 job cuts.
- 22nd Jan
Financial Times Major outlet
Société Générale announced 1,800 job cuts in France as part of cost reduction efforts led by its chief executive.
- 22nd Jan
Le Monde Major outlet
Société Générale plans to eliminate 1,800 jobs in France.
- 22nd Jan
Bloomberg Major outlet
Société Générale plans 1,800 job cuts in France as part of cost-reduction efforts.
- 22nd Jan
investir.lesechos.fr Major outlet
Société Générale plans to eliminate 1,800 positions in France through a voluntary departure scheme.
- 22nd Jan
Challenges Trade press
Société Générale plans to eliminate 1,800 positions in France by end of 2027, with no voluntary exit programme announced.
- 22nd Jan
Capital Trade press
Société Générale announced the elimination of 1,800 jobs by 2027 while avoiding redundancies.
- 22nd Jan
Euronews Trade press
Société Générale announced 1,800 job cuts. Share price rose following the announcement.
- 23rd Jan
Finextra Trade press
Société Générale announced layoffs of 1,800 employees in France.
Société Générale now
Signs Stepping down: cuts in the last 180 days, nothing new in 90
This label is our opinion, reached by applying one published rule to the sources listed. The full record for Société Générale →
Other announcements at Société Générale
- 4th JunNo figure
The same month, nearby
Other announcements in January 2026 in the same sector or the same place.
- 14th Jan820jobs cut
- 29th Jan291jobs cut
- 2nd Jan101jobs cut
- 14th Jan58jobs cut
- 12th Jan58jobs cut
- 20th Jan33jobs cut
Permanent id societe-generale-2026-01-21-ccc3dc. Machine-readable: this announcement is in /v1/events.json (seven days behind) and Société Générale’s JSON.