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    • 11,000 jobs

      • This year, amid challenges of higher financing costs due to interest rate hikes and the decision by Wells Fargo to cut back on its home lending business, the bank has slashed more than 11,000 jobs, or nearly 5% of its workforce.
      sfstandard.com › 2023/12/05 › wells-fargo-wfc-bank-layoffs-lawsuit

      Wells Fargo Plans Major Layoffs in Coming Year, CEO Says

  2. finance.yahoo.com › news › wells-fargo-layoffs-meanWhat The Wells Fargo Layoffs Mean For Jobs, Stocks, And ...

    Jan 19, 2024 · What The Wells Fargo Layoffs Mean For Jobs, Stocks, And Corporate Strategy. Corinne Dorsey. Fri, Jan 19, 2024, 9:34 AM 2 min read. Wells Fargo remains under the spotlight as investors respond...

  3. 61.47
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    -0.42 (-0.68%)
    As of Mon. May 13, 2024 3:36 PM EDT · Nasdaq Real Time Price (USD) · Market open
    Full chart
    • Open
      61.96
      High
      62.17
      Low
      61.43
    • Mkt Cap
      214.3B
      P/E (TTM)
      12.81
      Div & Yield
      1.40 & 2.26%
    • Prev. Close
      61.89
      52 Wk. Low
      37.46
      52 Wk. High
      62.17

    More about WFC

    What analysts are saying
    Argus Bullish Published April 15 · Wells Fargo is one of the largest diversified financial services firms in the United States, with a nationwide network of several thousand branches... Read more
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  4. sfstandard.com › 2023/12/05 › wells-fargo-wfc-bankWells Fargo Plans Major Layoffs in Coming Year, CEO Says

    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.

  5. markets.businessinsider.com › news › stocksWells Fargo Layoffs 2024: What to Know About the Latest WFC ...

    Dec 5, 2023 · InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Wells Fargo (NYSE: WFC) layoffs are in the news Tuesday as investors react to the financial company revealing plans to reduce its ...

  6. www.cnbc.com › 2023/12/05 › wells-fargo-ceo-warns-ofWells Fargo CEO warns of severance costs as layoffs loom

    Dec 5, 2023 · Finance. 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...

  7. www.bizjournals.com › sanfrancisco › newsWells Fargo CEO raises prospect of more layoffs, branch ...

    Oct 13, 2023 · Updated Oct 13, 2023 2:34pm PDT. Listen to this article 4 min. Wells Fargo has shed almost 50,000 workers under a major cost-cutting effort, but the bank’s leadership says there are more job losses...

    • Mark Calvey
    • Senior Reporter
    • mcalvey@bizjournals.com
    • San Francisco Business Times

  8. www.reuters.com › business › wells-fargo-cfo-expectsWells Fargo CFO expects more layoffs ahead | Reuters

    Sep 12, 2023 · NEW YORK, Sept 12 (Reuters) - Wells Fargo (WFC.N) could see its headcount decline further as it aims to improve efficiency, Chief Financial Officer Mike Santomassimo said on Tuesday. The bank...

  9. finance.yahoo.com › news › wells-fargo-layoffsWells Fargo Layoffs: Company to Cut 26,000 Jobs - Yahoo Finance

    Sep 24, 2018 · Wells Fargo (NYSE: WFC) announced on Monday that it was rolling out a new round of layoffs that will see at least 26,000 of its worldwide employees losing their jobs over the next three years.

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