No. The French weren't deporting the Protestants, they were killing them. The Protestants were exiling themselves for refuge, especially to Wallonia, but also other parts of Switzerland, Belgium, the Netherlands, and the UK, and some from these safe grounds to other parts of the world like North America.
The massacre of St. Bartholomew was certainly an attempt to remove the Protestantism in France but it is far from succeeding. The opposite happen. A series of events that followed the massacre led Henri IV in the late 1500s to take power and enact the Edict of Nante. Then the Protestant could prosper in peace in France until the cancellation of the Edict of Nante about 80 years later by Louis XIII. Then the Huguenots were indeed forced into exile or to convert to Catholicism. These are not the mass executions that made disappear the Huguenots in France.