Wells Fargo Cuts Jobs News, Photos, Videos and Tweets

The coronavirus pandemic is driving a second jobs apocalypse

This week, United Airlines warned 36,000 U.S. employees their jobs were at risk, Walgreens cut more than 4,000 jobs, Wells Fargo announced it was preparing thousands of terminations this year, and Levi's axed 700 jobs due to falling sales.Why it matters: We h…

wells fargo cuts jobs - Axios
4:47am PDT - July 10th, 2020

Wells Fargo's longtime CMO will leave her role as part of a bigger marketing shakeup across the bank

  • Wells Fargo is shaking up its marketing operations under CEO Charlie Scharf. The details were laid out in firm-wide memos to employees on June 15.
  • Each of the bank's five business lines will take on more marketing planning and strategy respo…

    wells fargo cuts jobs - Business Insider
    10:04am PDT - July 9th, 2020

Wells Fargo is preparing to cut thousands of jobs beginning this year, according to a new report (WFC)

  • Wells Fargo is preparing to cut thousands of jobs, Bloomberg Law reported Thursday.
  • The bank has been rocked by regulatory fines and the broader coronavirus-driven economic downturn. 
  • Shares of the bank fell in trading Thursday foll…

    wells fargo cuts jobs - Business Insider
    9:29am PDT - July 9th, 2020

News24.com | US initial jobless claims fall, ease worry of worsening market

Applications for unemployment benefits in the US declined last week by more than projected.

wells fargo cuts jobs - News24
7:49am PDT - July 9th, 2020

Wells Fargo preparing to cut thousands of jobs: Bloomberg Law - Reuters

Wells Fargo & Co is preparing to cut thousands of jobs starting later this year, Bloomberg Law reported https://news.bloomberglaw.com/banking-law/wells-fargo-is-readying-thousands-of-job-cuts-to-start-this-year on Thursday, citing people familiar with the mat…

wells fargo cuts jobs - Reuters
7:27am PDT - July 9th, 2020

Want a cheap mortgage? Move to these cities

Metros with a higher concentration of banks tend to have lower mortgage rates than those with fewer banks, according to a new report from Haus, a home-finance startup.

wells fargo cuts jobs - USA Today
9:01pm PDT - July 7th, 2020

AP Explains: 5 key takeaways from a strong June jobs report

At first glance, the June employment report was a blockbuster

wells fargo cuts jobs - ABC News
12:54pm PDT - July 2nd, 2020

AP Explains: 5 key takeaways from a strong June jobs report

WASHINGTON (AP) — At first glance, the June employment report was a blockbuster.

wells fargo cuts jobs - Associated Press
12:53pm PDT - July 2nd, 2020

As virus roars back, so do signs of new round of layoffs...

As virus roars back, so do signs of new round of layoffs... (Second column, 13th story, link) Related stories:'Extreme delays' for millions awaiting IRS refunds... Fed driving savers to riskier investments... In Los Angeles, an Economy…

wells fargo cuts jobs - Associated Press
11:04am PDT - June 30th, 2020

As virus roars back, so do signs of a new round of layoffs

A resurgence of confirmed COVID cases across the South and West — and the suspension or reversal of re-openings of bars, hotels, restaurants and other businesses — is endangering hopes for an economic rebound in the region and perhaps nationally

wells fargo cuts jobs - ABC News
10:48am PDT - June 30th, 2020

10 things you need to know before the opening bell

Here's what you need to know before the markets open. 1. Short-sellers have raked in more than $1.2 billion on Wirecard this week after the company's dramatic share price plunge. Hedge funds have made more than $1 billion of profits in the past week as a resu…

wells fargo cuts jobs - Business Insider
5:02am PDT - June 26th, 2020

10 things you need to know before the opening bell

Here's what you need to know before the markets open. 1. Short-sellers have raked in more than $1.2 billion on Wirecard this week after the company's dramatic share price plunge. Hedge funds have made more than $1 billion of profits in the past week as a resu…

wells fargo cuts jobs - Business Insider
5:02am PDT - June 26th, 2020

Another 1.5M file for unemployment even as many Americans return to work during coronavirus pandemic

Another 1.5 million Americans filed first-time jobless claims as layoffs persist even as states reopen economies.

wells fargo cuts jobs - USA Today
5:36am PDT - June 11th, 2020

Layoffs: About 1.6M workers likely filed jobless claims even as more Americans return to work

1.6M workers likely filed initial jobless claims last week. But layoffs persist amid coronavirus even while workers are rehired as states reopen

wells fargo cuts jobs - USA Today
7:32am PDT - June 10th, 2020