Wells Fargo prepares to cut tens of thousands of jobs - Business Insider

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Wells Fargo prepares to cut tens of thousands of jobs - Business Insider
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ICYMI: Under pressure to drastically reduce costs, Wells Fargo is preparing to cut tens of thousands of jobs starting this year

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry with the Banking Briefing.

It's also tightening requirements for the refinancing of certain mortgages. The bank now requires new customers who want to refinance a jumbo mortgage to bring at least $1 million in balances — quadruple the previous requirement of $250,000 — people with knowledge of the policy

 

How to regain trust after fake ccounts? how to convince people cutting jobs is good idea? The root cause was a combination of their network-marketing-ish sales commisions system and their cross sales model. Cut jobs and convince people root cause solved. Hope doesnt happen

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