Internal restructuring
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.92 - Other credit granting

246 jobs
Number of planned job losses
Job loss
52 jobs
Number of planned job creations
Job creation
Announcement Date
14 June 2016
Employment effect (start)
15 September 2016
Foreseen end date
31 December 2018


The management of supermarket network Carrefour has announced a voluntary departure plan to cut about 246 positions by 2018. The cuts will affect its financial services subsidiary, Carrefour Banque. Carrefour Banque currently employs 1,643 employees including 1,200 working in its 205 agencies across France. The subsidiary is owned by Carrefour SA (60% of the share) but 40% of the shares belong to the bank BNP Paribas).

The management is currently negotiating with unions the content of the voluntary departure plan that will lead to cut about 15% of the workforce. In the meanwhile, Carrefour Banque will recruit 52 employees in the framework of its adaptation plan to digitalisation. In 2015, the bank earned €413 million (–23% in comparison to 2014).

The first departures are expected by September 2016 after completing the information and consultation process with employee representatives and negotiation with unions.


  • 14 June 2016: Les Echos


Eurofound (2016), Carrefour Banque, Internal restructuring in France, factsheet number 87855, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87855.