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Wells Fargo reduces headcount in Q3

October 15, 2023
in Banking
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Source Link: https://bankautomationnews.com/allposts/retail/wells-fargo-reduces-headcount-invests-in-tech/


Wells Fargo is leveraging technology and automating investments to streamline its operations as the $1.6 trillion bank continues to trim its workforce.  “I would say there are very few parts of the company that are optimized at this point,” Mike Santomassimo, chief financial officer at Wells Fargo, said today during the bank’s third-quarter earnings call. […]



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