News

Wells Fargo has revised previously announced layoff numbers to more workers at its Jordan Creek campus in West Des Moines.
Jay Bryson, Wells Fargo chief economist, joins 'Squawk Box' to discuss the state of the economy, the Fed's rate path outlook, ...
Wells Fargo CEO Charlie Scharf said the bank has avoided a mass layoff by cutting staff when it finds opportunities to boost efficiency. How Wells Fargo is preparing ...
A top Wells Fargo official said to expect more layoffs at the bank and a decrease in office space as the bank looks to continue to reduce expenses. The comments by Chief Financial Officer Michael ...
The San Francisco bank is tight-lipped on what the layoffs mean for the company's recovery from a series of scandals. Wells Fargo & Co. is cutting more than 300 jobs in one area of the bank where ...
Wells Fargo CEO Charles Scharf warned severance costs this quarter could hit nearly $1 billion as the mega bank prepares for fresh layoffs in the coming year. “We’re looking at something like ...
Wells Fargo had 233,834 employees at the end of the June quarter compared to 243,674 in the second quarter last year. The bank has trimmed its mortgage business, which has also seen some layoffs.
Layoffs in Wells Fargo’s mortgage division will likely continue over the next few months as rising interest rates erode the bank’s refinancing business, executives said Friday. Income from home ...
Wells Fargo has announced 36 more layoffs from its Jordan Creek Parkway campus in West Des Moines. The reduction of workers was reported on Iowa's Worker Adjustment and Retraining Notification ...
Wells Fargo on Wednesday told state workforce officials ... The bank announced 95 layoffs in Hillsboro in July after cutting 316 workers in the Portland suburb in 2023. It’s unclear what ...