French bank Credit Agricole, which is heavily exposed to the eurozone debt crisis, is to cut 2350 jobs worldwide.
Most of the cuts will come from its Cacib unit, a corporate and investment bank.
Credit Agricole employs 160,000 people, a third of them outside of France.
Cacib employs about 15,000 people globally, including 4,600 in France.
In November, Credit Agricole reported a 65% drop in third-quarter profits after being hit by losses on Greek sovereign debt.
The bank wrote down its exposure to Greek government debt by 60%, 637 million euros.
The BBC reports BNP Paribas and Societe Generale have also warned unions of plans to cut jobs.