News

Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR executive at the bank is coercing ...
Wells Fargo had three centres in India with Bengaluru, Hyderabad, and Chennai till last year, employing about 37,000 people ...
Wells Fargo & Co has cut hundreds of jobs in its mortgage business across the country, Bloomberg News reported on Thursday citing people familiar with the bank's plans.
Wells Fargo cut over a hundred jobs in its mortgage division this week following its decision to exit the correspondent channel and shrink its servicing portfolio.
The workforce reductions at Wells Fargo & Co. slowed during the fourth quarter with the elimination of 1,494 job positions and 44 branches.
Wells Fargo has let go of less than 50 bankers from its corporate and investment banking unit as part of year-end pruning, a source familiar with the matter said on Tuesday.
Wells Fargo (WFC) CFO Mike Santomassimo said the bank could implement more layoffs to improve efficiency, Reuters reported. The lender has been trimming its workforce since Q3 2020 and ...
Wells Fargo & Co. cut hundreds of jobs in its mortgage unit this week, adding to thousands of cuts last year, as the firm retreats from a business it once dominated.
Wells Fargo continues slicing jobs in the Des Moines metro area, with the San Francisco banking giant announcing a dozen more cuts Wednesday, bringing the total number of jobs shed so far this ...
As the second half of 2025 begins, Wells Fargo has released its latest U.S. Economic Outlook report, offering a measured ...
As Wells Fargo & Co. implements a strategic shift away from much of its Des Moines-based home mortgage business, the banking giant cut jobs at its downtown offices this week, its first round of ...
Where will Wells Fargo job cuts come from? There is no one specific business line that will be the focus of the layoffs, according to Santomassimo.