WELLS FARGO TO CUT DIVIDEND WHILE OTHER BIG BANKS HOLD PAYOUTS STEADY. The plans being drawn up by Wells Fargo executives could eventually lead to tens of thousands of jobs being cut, according to ...

A move to cut $10 billion across Wells Fargo banking is causing anxiety and low morale among employees. Job cuts will be felt in Charlotte, NC and across US.

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. Wells Fargo is based in San Francisco but has ...

100,000 banking jobs could be lost to automation, a Wells Fargo report said. MD Mike Mayo told Bloomberg that "it's really a swap to bots from bankers." Back office and low-paying roles are more ...

Wells Fargo serves 69 million customers in 28 countries and operates in more than 5,500 locations. The San Francisco- based company employs about 27,000 jobs in Charlotte, its largest employment hub.

It’s been a rough few years for Wells Fargo and the next few years won’t be much better, for as many as 26,500 of the bank’s employees. That’s because the bank announced Thursday that it ...

Wells Fargo, which employs 27,000 in Charlotte NC, cut 6,400 jobs in the last 3 months of 2020. The San Francisco bank posted a $3 billion profit in the fourth quarter.

The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation ...

Wells Fargo & Co. cut more jobs in central Iowa again this week. The banking giant laid off another 36 workers Thursday in its 10th round of cuts since April , according to a notice filed with ...

The bank is rolling out big job cuts — cuts that will span business lines and geographic areas. Wells Fargo & Co. (NYSE: WFC) is rolling out big job cuts — cuts that will span business lines ...

A move to cut $10 billion across Wells Fargo banking is causing anxiety and low morale among employees. Job cuts will be felt in Charlotte, NC and across US.