French bank SocGen plans to cut 1,600 jobs in bid to buoy profits
The bank will cut 750 jobs in France, where all the redundancies will be made on a voluntary basis. The other job cuts will be carried out abroad, mainly in New York and London, where the bank may fire people.
($1 = 0.8881 euros) (Reporting by Inti Landauro and Matthieu Protard; Editing by Sudip Kar-Gupta)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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