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Wells Fargo announces additional layoffs, bringing the total reduction in workforce to over 1,300 since 2018. ... Overall, the company shed 11,300 jobs, or 4.7% of its workforce in 2023, ...
Overall, San Francisco-based Wells Fargo ― until recently, Des Moines metro's largest employer ― shed 11,300 jobs in 2023, or 4.7% of its workforce, according to YahooFinance. That year began ...
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.
Wells Fargo has international offices in London, Dublin, Paris, Dubai, Singapore, Tokyo, Shanghai, Beijing, and Toronto, among others. [19] Back-offices are in India and the Philippines with more than 20,000 staff. [20] Notably, Wells Fargo is the first major national U.S. bank to undergo a successful unionization drive. [21]
In December 2015, the company acquired FNC, Inc., another provider of real estate appraisal services, for $475 million. [27] In January 2016, CoreLogic announced it was paying $65M to acquire total ownership of RELS, LLC, a provider of property valuation and appraisal services it owned in partnership with Wells Fargo. [27]
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