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“The jobs market is balanced right now, but it’s a delicate balance,” said Sarah House, senior economist at Wells Fargo. While tariffs, high interest rates, stubborn inflation and federal government ...
Recent data, underscored by workforce researcher Amanda Goodall on X, illustrates the scale of the fallout: 13,470 layoffs in ...
The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation ...
Wells Fargo cuts nearly 200 jobs in Winston-Salem, closing several operations downtown as part of ongoing workforce reduction efforts nationwide.
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR exec at the bank is coercing ...
"It never quite rang true that consumer spending was completely unfazed by the sudden implementation of tariffs," Wells Fargo ...
As per a Reuters report in May, Walmart planned to cut around 1,500 jobs as part of a broader restructuring. This would impact teams across its global tech division, U.S. e-commerce fulfillment ...
July 15 (Reuters) - Wells Fargo (WFC.N) beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping shares of the lender by more than 5%.