Wells Fargo plans to cut up to 10 percent of its workforce over the next three years, the bank announced on Thursday, which will result in thousands of job losses for employees of the nation's third-largest bank.

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Topics:  wells fargo   cut   percent   workforce   years   bank   
BING NEWS:
  • EV maker Lucid to cut workforce by 6%
    Lucid Group said on Friday it would reduce its workforce by 6%, or around 400 employees, as the electric vehicle industry grapples with slower growth. Shares of the EV maker rose around 2% in ...
    05/24/2024 - 12:25 am | View Link
  • Wells Fargo continues layoffs in Des Moines metro, but bank says more jobs available
    But he noted that Wells Fargo does have 55 open jobs currently listed in the Des Moines metro. How many layoffs has Wells Fargo made in the metro? The most recent round of cuts brings to 326 the ...
    05/16/2024 - 4:07 am | View Link
  • Indeed to layoff 1,000 employees, cutting about 8 percent of its US workforce
    Hyams said unlike last year, when the cuts were driven by cost savings, the reasoning behind the current sweep of layoffs is “because we need to simplify our organization to make it easier ...
    05/13/2024 - 11:44 pm | View Link
  • Analysts revise Shopify stock price target after earnings
    In the stock market, a pullback is a reverse to a pause or dip in a stock price. Pullbacks are widely seen as buying opportunities, and the term came up recently in reference to Shopify ( SHOP) . The ...
    05/9/2024 - 12:17 pm | View Link
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