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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 ...
Wells Fargo layoffs latest in a long series of reductions ... reduction in the Des Moines metro to 285 so far in 2024 and 949 since April 2022. ... Partnership lists Hy-Vee on top with 11,782 ...
The company had more than 268,000 employees in 2020, ... With the layoffs, Scharf said Wells Fargo is looking at spending between $750 million and $1 billion for severance pay in the fourth ...
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 announced another round of layoffs Wednesday, bringing the announced total close to 1,000 since 2022.
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 ...
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 ...