Share Name Share Symbol Market Type
Wells Fargo & CO W/I NYSE:WFC* NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  +$0.00 - - - - - - -

Wells Fargo to Cut Jobs Over Next Three Years in Line With Transformation

20/09/2018 8:19pm

Dow Jones News


Wells Fargo & CO W/I (NYSE:WFC*)
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2 Months : From Aug 2018 to Oct 2018

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   By Josh Beckerman 
 

Wells Fargo & Co. (WFC) will reduce jobs as part of its "ongoing transformation" to address industry trends and changes in customer behavior.

The bank expects headcount to decline by about 5% to 10% within the next three years, which includes displacements as well as normal attrition.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

September 20, 2018 15:04 ET (19:04 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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