Recent News and Discussions About Wells Fargo Asset Management Layoffs
Wells Fargo Asset Management (WFAM) Sale – TheLayoff.com
https://www.thelayoff.com/t/195lNPZi
Wells Fargo Asset Management (WFAM) Sale. The sale to the private equity firms should be announced any day now. The deal will close on June 30 2021.
Wells Fargo Lays off Wholesalers in Asset Management Arm
https://www.advisorhub.com/wells-fargo-lays-off-wholesalers-in-asset-management-arm/
Feb 3, 2020 — Wells Fargo Asset Management has eliminated 57 jobs, including those of 20 “wholesalers” who pitch its mutual funds and other packaged …
Wells Fargo targeting up to 25% of workforce in mass layoffs
https://www.pionline.com/money-management/wells-fargo-targeting-25-workforce-mass-layoffs
Sep 2, 2020 — San Francisco-based Wells Fargo began notifying employees in August in a first round of layoffs , and will be “winding down their roles in …
Wells Fargo targets $8 billion in cuts – Pensions & Investments
https://www.pionline.com/money-management/wells-fargo-targets-8-billion-cuts
Jan 15, 2021 — Wells Fargo is aggressively targeting $8 billion in cost savings, to include job cuts and other organizational streamlining efforts, …
Wells Fargo mortgage layoffs likely impacted all markets …
https://www.bizjournals.com/charlotte/news/2022/04/25/wells-fargo-layoffs-mortgage-division.html
Apr 25, 2022 — Analysts say job cuts in Wells Fargo’s mortgage division likely impacted all markets … Wells Fargo & Co. is laying off employees in home lending …
Wells Fargo ends 2021 with 7.1% reduction in overall job …
https://journalnow.com/business/local/wells-fargo-ends-2021-with-7-1-reduction-in-overall-job-positions/article_6c490a86-7547-11ec-96fb-ef6ee0bcb791.html
Jan 14, 2022 — Since the start of 2021, Wells Fargo has eliminated 19,096 job positions, or 7.1%, for an overall workforce total of 249,435 as of Dec. 31. That …
At Wells Fargo, anxiety’s up and morale’s down as layoffs …
https://greensboro.com/news/state-and-regional/at-wells-fargo-anxietys-up-and-morales-down-as-layoffs-come-drip-by-drip/article_9ac79300-655d-11eb-a985-1f54e0bd34fd.html
Feb 2, 2021 — In commercial banking, headcount fell by 1,681, and in wealth management , it fell by 714. Investment banking was generally unaffected by cuts.
Here’s the latest news on Wells Fargo’s layoffs: 6400 out
https://www.charlotteobserver.com/news/business/banking/article248514030.html
Jan 15, 2021 — Wells Fargo cut 6,400 jobs in the fourth quarter of 2020, according to its Friday earnings release, as CEO Charlie Scharf unveiled more …
A Long List of Mortgage Layoffs, Mergers, and Closures
Wells Fargo cut roughly 90 mortgage jobs in Des Moines area (5/24/22) … Option One – layoffs , pending sale to Cerberus Capital Management LP
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….