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The most recent round of cuts brings to 326 the publicly announced number of workers cut since April 2023 from Wells Fargo’s Des Moines metro employment rolls, and 1,442 positions cut since 2018 ...
More layoffs are coming at Wells Fargo shortly before the holiday season. The bank has filed an amendment with the state ... reduction in the Des Moines metro to 285 so far in 2024 and 949 since ...
More may come in 2024. ... With the layoffs, Scharf said Wells Fargo is looking at spending between $750 million and $1 billion for severance pay in the fourth quarter, which was higher than ...
Wells Fargo announces additional layoffs, bringing the total reduction in workforce to over 1,300 since 2018. ... February 22, 2024 at 2:24 PM. ... The San Francisco-based bank's CEO, Charlie ...
Wells Fargo announced another round of layoffs Wednesday, bringing the announced total close to 1,000 since 2022.
On the same day that Wells Fargo shareholders voted to increase CEO Charlie Scharf’s 2023 compensation package by $4.5 million, the company announced another round of layoffs at its Jordan Creek ...
Wells Fargo’s continued layoffs were expected. The San Francisco-based bank's CEO, Charlie Scharf, announced in late 2023 that he was anticipating severance costs of $750 million to $1 billion ...
Wells Fargo officials are open about their disfavor of the unionization effort but deny that the layoffs of 11 employees in the bank's conduct management intake department were a response to the ...