About 100,000 jobs could vanish over the next five years due to automation, according to Wells Fargo. Latest U.S.

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.

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 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 ...

Advisor departures from Wells Fargo escalated with the recent exit of two teams that managed $600 million in client assets. Wells Fargo’s loss was William Blair and Ameriprise’s gain, as the ...

The effects of an uncertain housing market on mortgage employment are not yet fully known for 2012, but according to an industry job index, the second quarter saw a net loss, with hopes of hiring ...

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 set aside money to cover losses tied to commercial property loans, as have many other banks in recent quarters. The sector has been under intense pressure from higher interest ...

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.

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 ...