The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation ...

Wells Fargo has let go of less than 50 bankers from its corporate and investment banking unit as part of year-end pruning, a source familiar with the matter said on Tuesday.

Wells Fargo is resuming layoffs, as the beleaguered bank looks to cut costs to cope with the coronavirus pandemic and long-running regulatory issues that have hampered its growth. The cuts ...

Wells Fargo has cut 700 jobs as part of workforce reductions that could ultimately impact "tens of thousands" of staff, Bloomberg News reported on Wednesday citing people with knowledge of the matter.

The company's plans will eventually result in eliminating tens of thousands of positions due to pressure to "dramatically reduce costs", the report said. Wells Fargo, the fourth-largest U.S. lender by ...

Wells Fargo & Co has started to cut jobs at its commercial banking unit as part of larger reductions that will impact nearly all of its functions and business lines… Skip to Content Get early access ...

Wells Fargo & Co. has started its long-awaited job cuts, breaking with some of its top U.S. competitors that have resisted workforce reductions amid the coronavirus pandemic.

Wells Fargo & Co. on Wednesday announced plans to restructure its Wells Fargo Financial subsidiary, eliminating 3,800 jobs and closing … Skip to content Digital Edition ...

INTERNATIONAL - Wells Fargo & Co resumed job cuts in early August after it paused layoffs in March because of the Covid-19 pandemic, a spokeswoman said on Friday. The lender said in July it would ...

Wells Fargo & Co resumed job cuts in early August after it paused layoffs in March because of the COVID-19 pandemic, a spokeswoman said on Friday.

Wells Fargo announced plans Thursday to cut five to 10 percent of its workforce, a move that would affect up to 26,500 jobs based on current headcount. The bank, which has struggled to regain its ...