Layoffs at Wells Fargo & Co. (NYSE: WFC) could be in the tens of thousands, according to a Bloomberg Law report, citing people familiar with the matter. Job cuts will start this year, as Wells Fargo executives are under increasing pressure to cut costs. The San Francisco-based bank employs about 263,000 people, including 27,500 in the Charlotte region, its largest employment hub. It's grown its Charlotte footprint by several thousand employees in the past decade. A spokesperson at Wells Fargo…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2020/07/10/wells-fargo.html?ana=RSS&s=article_search
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