Well Fargo Reducing Its Head Count By 10%

Wells Fargo, the largest bank employer in the United States with roughly 262,000 workers, said on Sept. 20 it would reduce its total headcount by up to 26,000. Last month the bank handed out roughly 1,000 60-day notices to employees across the United States, and over the summer it laid off 600 employees in its mortgage division.

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