Sodexo SA (EPA: EXHO) said it will eliminate more than 1,000 jobs in France as part of a restructuring initiative aimed at accelerating growth and improving competitiveness. The Paris-based company plans to cut 963 positions, which account for roughly 4% of its French workforce, according to a statement on Wednesday.
The group also disclosed a separate project targeting its head office that could result in an additional 134 job losses. The restructuring follows a broader review of operations aimed at streamlining costs and aligning resources with long-term strategic goals.
Sodexo, a major player in workplace and facilities management services, did not provide further details on the affected roles or timelines for the reductions. The announcement comes amid broader challenges in the European food services sector, where labor costs and operational efficiency have become key focus areas for industry leaders.
