Well, we know the head count in reporting is behind a few thousand from the Q2 reports, but still a long ways to go...
"On top of these cost cuts, the large bank reduced professional services expenses by 14% in the quarter and has made initial progress on cutting the headcount with the employee base down 17,000 from last Q2 to 259,000 at the end of June. As mentioned by analyst Steven Chubak with Wolfe Research on the earnings call, the company has around 50,000 more employees than Bank of America (BAC) that reported similar Q2 revenues of $21.5 billion:
You started to make some real progress, driving some of the headcount reductions that you've spoken to. It sounds about 6% year-on-year, but if I look – comp you against the peer group, BoA probably being the closest comp. You still have 50,000 more employees despite a similar business mix and scale."
https://seekingalpha.com/article/4439576-wells-fargo-progress-has-begun-for-big-2023