Wells Fargo plans to cut 1,000 positions in U.S.: spokesperson
Wells Fargo & Co.
About 900 of those cuts will be in the bank`s home lending unit, to reflect declines in application volume and the number of the customers in default, spokesman Tom Goyda said in an email.
Earlier this year, the bank announced plans to reduce its headcount by about 26,000 over the next three years.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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