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That year began with Wells Fargo's announcement it would make big reductions in its Des Moines-based home mortgage business as rising interest rates slashed demand. Wells Fargo is also continuing ...
Wells Fargo layoffs latest in a long series of reductions The latest announced layoffs will bring the total Wells Fargo workforce reduction in the Des Moines metro to 285 so far in 2024 and 949 ...
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 ...
Wells Fargo announced another round of layoffs Wednesday, bringing the announced total close to 1,000 since 2022.
Wells Fargo’s continued layoffs come as no surprise. The San Francisco-based bank's CEO, Charlie Scharf, announced in late 2023 that the company was anticipating severance costs of nearly $1 ...
Wells Fargo continues trimming jobs, cutting another dozen in the Des Moines metro area. So far this year, the banking giant has trimmed 210 Iowa jobs Wells Fargo is cutting more jobs in Des ...
Peloton laid off nearly 3,000 employees, Better.com slashed 4,000. Now, job cuts are coming for real estate brokerages and crypto firms.
A rebound in dealmaking drove Wells Fargo's profit 47.3% higher, to $5.1 billion, as its investment-banking fees jumped 59% to $725 million in the quarter compared with a year earlier.