Internal restructuring
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

133 - 240 jobs
Number of planned job losses
Job loss
Announcement Date
4 November 2016
Employment effect (start)
4 November 2016
Foreseen end date
1 January 2018


According to the newspaper Agefi, the management of BNP Paribas announced, on 14 April 2016, a large reorganisation of its finance and investment bank activities BFI affecting 675 positions and including, as announced by BNP Paribas group the perimeter of it security services' subsidiary, BNP Paribas Securities Services. But, as mentioned by Agefi, the management of BNP Paribas Securities Services has announced its own restructuring plan that affects about 240 positions on a total of 2,500 in France, by 2018. Contacted by the newspaper Agefi, the management confirmed that 133 positions will be cut by 2018, with non replacement of departures in retirement or of employees leaving the company, and with no forced dismissals.


  • 4 November 2016: Boursorama


Eurofound (2016), BNP Paribas Securities Services, Internal restructuring in France, factsheet number 89075, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89075.