Wells Fargo layoffs mount
Wells Fargo & Co. is shedding hundreds of jobs in recent rounds of layoffs around the country and more are expected. Wells ...
Wells Fargo to lay off more workers from its West Des Moines campus as CEO comp rises
On the same day that Wells Fargo shareholders voted to increase CEO Charlie Scharf’s 2023 compensation package by $4.5 ...
Business Insider2y
Traditional lenders like JPMorgan and mortgage startups like Better are cutting thousands of jobs — and it may get way worse
A cryptic email arrived in the inboxes of Wells Fargo loan processors and managers working in the Des Moines, Iowa metro area on Thursday, April 21. The bank would be holding a meeting at 11 a.m ...
Des Moines Register4y
Wells Fargo will lay off 925 more people, including 71 locally
Wells Fargo & Co., the largest U.S. bank by market capitalization, announced another 925 layoffs Wednesday, pushing to 6,511 the total number of its workers receiving 60-day notices since July 18.
The Business Journals29d
The National Observer: Bank exec says office fundamentals 'remain weak'
Wells Fargo & Co. executives sought to rein in any ... finances and reposition the coffee giant as a premium brand. With layoffs, Niccol said the plan is to increase corporate accountability ...
American Banker10d
Wells Fargo union accuses the bank of 'unlawful' tactics
Representatives of the first nonbranch team at the bank to unionize alleged in a charge filed with the National Labor Relations Board that actions to stymie collective bargaining constitute unfair ...
Business Insider2y
Inside Wells Fargo employees' unprecedented union drive
But even as some employees voice support for forming a union at Wells Fargo, which would afford them opportunities to negotiate directly with management over issues like benefits and layoffs ...
Charlotte Observer23d
Wells Fargo federal consent order ends. It covered mortgage, other account ‘mismanagement’
Wells Fargo saw the end of another one of its federal agency consent orders tied to prior problems, the bank announced Tuesday morning. In 2022, the Consumer Financial Protection Bureau ordered ...