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Wells Fargo has revised previously announced layoff numbers to more workers at its Jordan Creek campus in West Des Moines.
Wells Fargo has reduced its employee totals by about 40,000 people over the past couple years, Santomassimo said. Shrinking its real estate portfolio also will help the bank cut expenses.
Wells Fargo & Co. cut hundreds of jobs in its mortgage unit this week, adding to thousands of cuts last year, as the firm retreats from a business it once dominated. The latest reductions affected ...
Still, the fourth-quarter cutbacks are likely just the tip of the iceberg given that Wells Fargo chief executive Charlie Scharf warned Dec. 6 that more job cuts are forthcoming in 2024.
Wells Fargo continues slicing jobs in the Des Moines metro area, with the San Francisco banking giant announcing a dozen more cuts Wednesday, bringing the total number of jobs shed so far this ...
IN ALL, WELLS FARGO HAS CUT NEARLY 200 JOBS SINCE MAY, MANY FROM ITS HOME MORTGAGE DIVISION. WELLS FARGO SAYS THE HOUSING MARKET IS COOLING OFF, AND 35% OF THE HOME MORTGAGE EMPLOYEES HAVE BEEN ...
It’s not clear if all those jobs will be cut when the offices close and the bank would not say whether it will retain a presence in Wells Fargo Center, Portland’s tallest building. Grossberg ...
Wells Fargo, the state’s largest bank, plans to cut about 70 jobs at its Chief Operating Office Global Operations business unit in Greenwood Village, according to a notification sent to the ...
Wells Fargo, the third-biggest mortgage lender in the country, will lay off 125 employees in its home lending division in Iowa by the end of August. The bank will cut 11 jobs in July and 114 in ...
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