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 has cut 700 jobs as part of workforce reductions that could ultimately impact "tens of thousands" of staff, Bloomberg News reported on Wednesday citing people with knowledge of the matter.

Wells Fargo is resuming layoffs, as the beleaguered bank looks to cut costs to cope with the coronavirus pandemic and long-running regulatory issues that have hampered its growth. The cuts ...

Wells Fargo & Co has started to cut jobs at its commercial banking unit as part of larger reductions that will impact nearly all of its functions and business lines, a company spokeswoman said on ...

Wells Fargo cuts more jobs as part of earlier cost-cutting drive. Open in App ...

The company's plans will eventually result in eliminating tens of thousands of positions due to pressure to "dramatically reduce costs", the report said. Wells Fargo, the fourth-largest U.S. lender by ...

Wells Fargo & Co. 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.

Wells Fargo has cut more than 700 commercial banking jobs as part of workforce reductions that could ultimately impact 'tens of thousands' of staff, according to a new report.

New York - US banking giant Wells Fargo on Wednesday said it was cutting 2 300 jobs due to declines in mortgage refinancings in the wake of higher interest rates. Wells Fargo, the nation's largest ...

Wells Fargo & Co resumed job cuts in early August after it paused layoffs in March because of the COVID-19 pandemic, a spokeswoman said on Friday.