Wells Fargo Layoffs 2024 Reasons. Wells fargo ceo raises prospect of more layoffs, branch closings and other cost cuts. In september, wells fargo said additional layoffs and a decrease in office space were expected for the company.
Wells fargo filed 134 warn layoff notices from dec 2003 to apr 2024 in alabama, arizona, california, colorado, florida, illinois, iowa, louisiana, maryland,. The san francisco bank earned $4.6 billion, down 7% from around $5.