Recent News and Discussions About Big Bank Layoffs
Banking layoffs could start as soon as July | eFinancialCareers
https://www.efinancialcareers.com/news/2022/06/banking-layoffs
Jun 28, 2022 — Summer 2022 in investment banking may not be quite as much fun as summer 2021. Not only will debt capital markets (DCM) bankers be working …
JPMorgan Initiates Mass Layoffs and Reorganizing, 1,000 …
https://www.entrepreneur.com/article/430151
Jun 23, 2022 — JPMorgan announced on Thursday that it was laying off hundreds of employees due to rising mortgage rates amid a troubling housing market plagued …
Layoffs Watch ’22: JPMorgan Chase, Wells Fargo – Dealbreaker
https://dealbreaker.com/2022/06/jpmc-wells-mortgage-layoffs
Jun 23, 2022 — Wells Fargo & Co., the biggest mortgage lender among US banks , has also been laying off and reassigning employees in its home-lending division….
Here’s Where the Next Big Round of Wall Street Layoffs Is …
https://www.businessinsider.com/wall-street-hiring-freeze-layoffs-investment-banks-IPO-stall-2022-5
Jun 1, 2022 — Big Tech firms like Meta and Snap are adjusting their hiring plans. … UBS who covers large -cap banks , told Insider in a recent interview.
Latest Wells Fargo News: Layoffs, Hiring Scrutiny, Mortgage …
https://www.businessinsider.com/latest-wells-fargo-news-hirings-layoffs
Jun 28, 2022 — Wells Fargo is undergoing a major transformation under CEO Charlie Scharf. But controversies and layoffs continue to dog the bank .
Big banks’ Q2 earnings to shed light on gloomy U.S. mortgage …
https://www.reuters.com/markets/us/big-banks-q2-earnings-shed-light-gloomy-us-mortgage-outlook-2022-07-08/
7 days ago — U.S. banks including JPMorgan Chase & Co (JPM.N) and Wells Fargo & Co (WFC.N) have started cutting staff, with more industry layoffs expected in …
Bank of America’s (BAC) Job Cuts Offer a Road Map for …
https://www.bloomberg.com/news/articles/2022-01-20/bofa-s-job-cuts-offer-a-road-map-for-navigating-higher-costs
Jan 20, 2022 — The firm is a rare example of a big bank with fewer employees in the fourth quarter. Wells Fargo trimmed staff as well, but it’s also …
Biggest Layoffs in US Banking History: Analyst Predicts Banks …
https://news.bitcoin.com/biggest-layoffs-us-banking-history-analyst-predicts-banks-cut-200000-jobs/
May 17, 2021 — US Banking Sector to Experience Biggest Headcount Reduction … An analyst with Wells Fargo, Mike Mayo, has predicted that U.S. banks would cut …
JPMorgan Chase to cut hundreds of mortgage jobs
Jun 22, 2022 — The Jamie Dimon-led bank layoffs come two months after competitor Wells Fargo & Co., the top depositary mortgage lender in the country, cut jobs …