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  1. Jan 19, 2024 · This strategic move follows earlier layoffs at Wells Fargo disclosed last month, totaling 11,300 jobs or 4.7% of its workforce in 2023. The company’s approach under Scharf’s leadership aims to ...

  2. Dec 5, 2023 · Wells Fargo (NYSE: WFC) layoffs are in the news Tuesday as investors react to the financial company revealing plans to reduce its workforce. According to a statement from Wells Fargo CEO Charlie ...

  3. Dec 5, 2023 · Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom. Published Tue, Dec 5 20238:53 AM EST Updated Tue, Dec 5 202311:56 AM EST. Hugh Son @hugh_son. Key ...

  4. Dec 6, 2023 · By Kevin Truong Published Dec. 05, 2023 • 6:26pm. San Francisco-based Wells Fargo is being hit with a lawsuit from its former CEO just as its current leader announced the bank may have to pay nearly $1 billion in severance related to forthcoming layoffs. Ex-CEO Timothy Sloan filed suit in San Francisco Superior Court for breach of contract ...

  5. Sep 12, 2023 · Wells Fargo CFO expects more layoffs ahead. By Nupur Anand. September 12, 2023 3:04 PM UTC Updated ago. Wells Fargo Bank branch is seen in New York City, U.S., March 17, 2020. ...

  6. Oct 13, 2023 · Wells Fargo CEO raises prospect of more layoffs, branch closings and other cost cuts. ... WFC) has also shed 6% of its branches from a year ago as it continues to look for more ways to cut costs.

  7. Nov 2, 2022 · Mortgage volumes at Wells Fargo slowed further in recent weeks, leaving some workers idle and sparking concerns that the lender will need to cut more employees as the U.S. housing slump deepens ...

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