Wells Fargo slashes 700 jobs.

Wells Fargo slashes 700 jobs.

Oct 07, 2020

178 Views

0 comments

Bloomberg News on Wednesday reported that Wells Fargo & co eliminated more than 700 jobs in commercial banking, kicking off a series of cuts that eventually could number in the tens of thousands. Katie Ellis, Wells Fargo spokeswoman expects  “to reduce the size of our workforce through a combination of attrition, the elimination of open roles and job displacements," Bloomberg reported. Read more about this here

Previous days news

Comments

    Article
    A Guide for HR Professionals to Ensure Diversity and Inclusivity at Workplace

    One of the key responsibilities of HR teams is to ensure a diverse workplace and manage it effectiv ...

    The Future of Gig Employment

    There’s no denying that the gig economy has seen much growth since the last recession. With the spr ...

    25+ Hiring Strategies To Help You Source Talented Candidates

    Companies have resorted to digital hiring processes to ensure health, safety, and convenience to jo ...

    COVID-19 - 6 Challenges Staffing Firms Are Likely to Face

    Most industries have severely suffered in the ongoing pandemic with a few exceptions, like healthca ...

    Show more news