SocGen cuts 1,600 jobs as investment bank overhauled.
#Investors-Group News - SocGen cuts 1,600 jobs..!!
SocGen cuts 1,600 jobs as investment bank overhauled
I was scanning my news feeds earlier and came across this story that I thought I would share with you.
Société Générale has announced 1,600 job cuts as part of a plan to eliminate €500m in costs.
These cuts come after SocGen missed its financial targets due to poor performance in its trading unit.
As I was picking up on the story, Zerohedge ran this article on twitter.
Credit to Zerohedge for the content in the article.
https://twitter.com/zerohedge/status/1115556056955015169
Thanks again for reading.
Stephen
Most people needs to understand that working for organizations does not makes you wealthy and your job is not secure. We all needs to divert our energy into entrepreneurship skills and most importantly invest more into crypto currencies in other to secure their financial freedom @stephenkendal