Wells Fargo cut about 425 jobs in the ... In addition to its mounting losses in the mortgage trade, Wells Fargo has been plagued with penalties for regulatory infractions.

The Motley Fool. DATE Tuesday, July 15, 2025, at 10 a.m. EDT CALL PARTICIPANTS Chief Executive Officer — Charlie ScharfChief Financial Officer — Mike Santomassimo Need a quote from one of our analysts ...

Wells Fargo 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. The San Francisco–based ...

Wells Fargo & Co. is suspending new job cuts, ... Stanley in pledging to preserve jobs as the pandemic roils markets and businesses, and raises the prospect of deep losses across the industry.

Wells Fargo is preparing to cut thousands of jobs starting later this year, Bloomberg Law reported Thursday, citing people familiar with the matter. The company’s plans will eventually result in ...

Wells Fargo, which employs 27,000 in Charlotte NC, cut 6,400 jobs in the last 3 months of 2020. ... It was not immediately clear how many job losses were in the Charlotte area.

Wells Fargo is a “high-cost producer” of its core products and services, so it may be losing market share, Bove said, adding that a “new loan-loss cycle is underway.” ...

Wells Fargo has quietly undertaken a companywide study to streamline five major departments, in a move that could lead to job losses, the Observer has learned.

Pressure on Wells Fargo to lower costs grew all the more acute this year as it reported its first quarterly loss in more than a decade and slashed its dividend by 80%.

It's already shaping up to be quite a year for Wells Fargo, as the bank focuses on both cost cuts and growth opportunities. Why big bank CEO says more of his employees have to lose their jobs ...