The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation are reshaping back-end operations.

Wells Fargo had three centres in India with Bengaluru, Hyderabad, and Chennai till last year, employing about 37,000 people ...

Wells Fargo (WFC) CFO Mike Santomassimo said the bank could implement more layoffs to improve efficiency, Reuters reported. The lender has been trimming its workforce since Q3 2020 and ...

Wells Fargo is based in San Francisco but has its largest employment hub in Charlotte, with about 27,000 workers here and more than 247,000 worldwide.

The workforce reductions at Wells Fargo & Co. slowed during the fourth quarter with the elimination of 1,494 job positions and 44 branches.

Where will Wells Fargo job cuts come from? There is no one specific business line that will be the focus of the layoffs, according to Santomassimo. “It really just is business by business, group ...

Amazon joined a growing list of firms, including Microsoft, Meta, and CrowdStrike in announcing layoffs this year.

Wells Fargo & Co. slows pace of job, branch cuts during second quarter, discloses no noteworthy update on Federal Reserve asset cap.

Wells Fargo’s CEO Charlie Scharf said the company will take an aggressive approach to job cuts in 2024 after already cutting jobs.

Where will Wells Fargo job cuts come from? There is no one specific business line that will be the focus of the layoffs, according to Santomassimo.