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 ...

Wells Fargo, which has been cutting costs as it contends with the fallout from various scandals, said Thursday that it expects its employee headcount to decline by approximately 5% to 10% within the ...

Recent data, underscored by workforce researcher Amanda Goodall on X, illustrates the scale of the fallout: 13,470 layoffs in ...

Wells Fargo plans to cut up to 10 percent of its workforce over the next three years, the bank announced on Thursday, which will result in thousands of job losses for employees of the nation's ...

Still, the fourth-quarter cutbacks are likely just the tip of the iceberg given that Wells Fargo chief executive Charlie Scharf warned Dec. 6 that more job cuts are forthcoming in 2024.

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 expects to cut as many as 26,500 jobs in the next 3 years Company reveals planned headcount reduction of between 5%-10% September 20, 2018, 4:55 pm By Ben Lane ...