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Recent data, underscored by workforce researcher Amanda Goodall on X, illustrates the scale of the fallout: 13,470 layoffs in ...
While tariffs, high interest rates, stubborn inflation and federal government cuts have yet to sink the labor market into turmoil, signs of underlying weakness are growing.
Wells Fargo cuts nearly 200 jobs in Winston-Salem, closing several operations downtown as part of ongoing workforce reduction efforts nationwide.
The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation ...
"It never quite rang true that consumer spending was completely unfazed by the sudden implementation of tariffs," Wells Fargo ...
July 15 (Reuters) - Wells Fargo (WFC.N) beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping shares of the lender by more than 5%.