Wells Fargo Bank will cut 3,800 employees
Sina Finance
YORK July 8 morning news, according to foreign media reported yesterday, Wells Fargo (Wells Fargo & Co) Wednesday said its Wells Fargo as a financial company (Wells Fargo Financial) as part of restructuring plan content, the bank will cut 3,800 jobs.
Wells Fargo said the bank in the next 50 days, cut about 2,800 jobs, in addition to still be in the next 12 months time, the further reduction of 1,000 jobs. At present, the Wells Fargo financial sector employs about 1.4 million people.
In addition, the Wells Fargo financial sector in the U.S. market will close 638 stores, and non-principal investment portfolio out of mortgage business was launched. (Civil and military)
