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’s stock was falling Tuesday after the bank missed expectations for net interest income and lowered its full-year growth outlook, offsetting profit and revenue beats.

Wells Fargo & Co has cut hundreds of jobs in its mortgage business across the country, Bloomberg News reported on Thursday citing people familiar with the bank's plans.

Wells Fargo cut over a hundred jobs in its mortgage division this week following its decision to exit the correspondent channel and shrink its servicing portfolio.

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

Wells Fargo continues slicing jobs in the Des Moines metro area, with the San Francisco banking giant announcing a dozen more cuts Wednesday, bringing the total number of jobs shed so far this ...

As the second half of 2025 begins, Wells Fargo has released its latest U.S. Economic Outlook report, offering a measured ...

Wells Fargo has let go of less than 50 bankers from its corporate and investment banking unit as part of year-end pruning, a source familiar with the matter said on Tuesday.

Wells Fargo & Co. cut hundreds of jobs in its mortgage unit this week, adding to thousands of cuts last year, as the firm retreats from a business it once dominated.

As Wells Fargo & Co. implements a strategic shift away from much of its Des Moines-based home mortgage business, the banking giant cut jobs at its downtown offices this week, its first round of ...

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 ...