BNP Paribas to Eliminate 1,200 Jobs at Asset Management in Strategic Restructuring
BNP Paribas has announced plans to reduce its asset management division workforce by roughly 20%, equating to about 1,200 jobs, as it moves toward integrating AXA Investment Managers. The reduction will occur in stages, beginning mid-2026, aiming to streamline operations following the acquisition. While some job creation is expected, the move is pa…