Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.11 - Central banking

2,300 jobs
Number of planned job losses
Job loss
Announcement Date
30 October 2003
Employment effect (start)
Foreseen end date

Description

Banque de France finalised its consultation process in the framework of its reorganisation plan. The reorganisation plan will lead in 2,300 job cuts and the redesign of its network, i.e. 96 agencies out of 211.


Sources

  • 30 October 2003: Les Echos

Citation

Eurofound (2003), Banque de France, Internal restructuring in France, factsheet number 59101, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59101.