Wells Fargo cut about 425 jobs in the ... In addition to its mounting losses in the mortgage trade, Wells Fargo has been plagued with penalties for regulatory infractions.

Wells Fargo has started its long-awaited job cuts, breaking with some of its top U.S. competitors that have resisted workforce reductions amid the coronavirus pandemic. The San Francisco–based ...

Wells Fargo, which employs 27,000 in Charlotte NC, cut 6,400 jobs in the last 3 months of 2020. ... It was not immediately clear how many job losses were in the Charlotte area.

Wells Fargo & Co. is suspending new job cuts, ... Stanley in pledging to preserve jobs as the pandemic roils markets and businesses, and raises the prospect of deep losses across the industry.

Wells Fargo is a “high-cost producer” of its core products and services, so it may be losing market share, Bove said, adding that a “new loan-loss cycle is underway.” ...

Wells Fargo is preparing to cut thousands of jobs starting later this year, Bloomberg Law reported Thursday, citing people familiar with the matter. The company’s plans will eventually result in ...

Pressure on Wells Fargo to lower costs grew all the more acute this year as it reported its first quarterly loss in more than a decade and slashed its dividend by 80%.

Wells Fargo has quietly undertaken a companywide study to streamline five major departments, in a move that could lead to job losses, the Observer has learned.

Wells Fargo & Co., the largest employer among U.S. banks, is preparing to cut thousands of jobs starting later this year, potentially setting a bleak precedent for an industry that’s been ...

After news broke of Wells Fargo employees opening over 2 million fake accounts, the company has faced fines, reputational damage, and government scrutiny.

Wells Fargo & Co resumed job cuts in early August after it paused layoffs in March because of the COVID-19 pandemic, a spokeswoman said on Friday. Aug 21 (Reuters) - Wells Fargo & Co WFC.N resumed ...

It's already shaping up to be quite a year for Wells Fargo, as the bank focuses on both cost cuts and growth opportunities. Why big bank CEO says more of his employees have to lose their jobs ...