On Tuesday, the San Francisco-based bank said it has cut jobs in its branches, call centers, mortgage operations and other areas where it expects additional reductions this year.
For those who can't open the article, those are the positions Wells Fargo is planning to cut more of during this year. Basically, the whole "and other areas" leaves everything else on the table, so not sure how useful this information is...
Curious how many people, overall, have been let go since the original notification back in September?
For me personally, when I think of a 10% reduction in staff I think “well that’s gonna take a while with attrition” or “yeah but that’s not till 2020.”
Although 2020 feels like a long way away, it’s not. It will be in 11 months. That’s a lot, a whole lot of people who will be let go this year.
If you read down to the end it says
A Wells Fargo spokesman said the company would not detail where job cuts have happened or will occur. The bank also did not disclose how many jobs it planned to cut this year.
Totally useless article.