Wells Fargo prepares to cut tens of thousands of jobs - Business Insider

United States News News

Wells Fargo prepares to cut tens of thousands of jobs - Business Insider
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Under pressure to drastically reduce costs, Wells Fargo is preparing to cut tens of thousands of jobs starting this year

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry with the Banking Briefing.

It's also tightening requirements for the refinancing of certain mortgages. The bank now requires new customers who want to refinance a jumbo mortgage to bring at least $1 million in balances — quadruple the previous requirement of $250,000 — people with knowledge of the policy

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SUCCESS INSIDER: Leaving a job during a recession, McKinsey, Hamilton - Business InsiderSUCCESS INSIDER: Leaving a job during a recession, McKinsey, Hamilton - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

6 steps to prepare for and nail a remote performance review - Business Insider6 steps to prepare for and nail a remote performance review - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Business Insider webinar with one-click checkout startup Fast - Business InsiderBusiness Insider webinar with one-click checkout startup Fast - Business InsiderJoin us on Tuesday, July 14 at 1:30 p.m! BI reporter Shannen_Balogh will speak with Domm Holland, Fast's co-founder and CEO, and Jan Hammer, general partner at Index Ventures, about how to build a pitch deck and what it takes to win over investors.
Read more »

Wells Fargo tells employees to delete TikTok from their company devicesWells Fargo tells employees to delete TikTok from their company devicesWells Fargo has banned the social media app TikTok from company devices amid what it says are concerns about security.
Read more »

Tesla cuts Model Y price, cancels forthcoming cheaper version of SUV - Business InsiderTesla cuts Model Y price, cancels forthcoming cheaper version of SUV - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »



Render Time: 2025-03-23 23:38:48