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Wells Fargo continues to reduce workforce at its Jordan Creek campus, this time laying off 40 workers and bringing the total over 1,400 since 2018.
Wells Fargo began laying off workers in the wake of a fake accounts scandal in 2016, when regulators accused employees of opening accounts without customers' consent or knowledge to meet corporate ...
Wells Fargo is laying off 24 employees from its West Des Moines campus, according to the state’s Worker Adjustment and Retraining Notification or WARN, website.. The latest round of layoffs goes ...
In December 2011, Public Campaign criticized Wells Fargo for spending $11 million on lobbying during 2008–2010, while increasing executive pay and laying off workers, while having no federal tax liability due to losses from the Great Recession. [133] However, in 2013, the company paid $9.1 billion in income taxes. [134]
A notice Wells Fargo filed with the state says more layoffs are planned at its Jordan Creek campus in West Des Moines. ... site for an additional 47 employees to be laid off effective Nov. 18.
More than a year ago, Wells Fargo management suffered a blow when staff at an Albuquerque branch of the fourth largest U.S. lender by assets joined the Communications Workers of America guild in a ...
Wells Fargo is closing a facility in Orlando, laying off more than 100 people in the process, according to a notice sent to the Florida Department of Economic Opportunity. The notice, filed ...
Since 2016, Wells has spent billions of dollars settling civil and criminal charges related to a multiyear scheme that led to more than 2 million fake accounts being opened without customers ...