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Wells fargo anticipates further reductions in its workforce and higher severance costs in the present fourth quarter, reported reuters, citing ceo charlie scharf The wells fargo reflect comes with almost two years of 0% intro apr for no annual fee Learn why it's our favorite balance transfer card out there. Wells fargo expects more cuts to its workforce and sees higher severance expenses in the current fourth quarter, ceo charlie scharf said on tuesday, adding that artificial intelligence was set to.
Wells fargo expects more job cuts and higher severance costs in this quarter that ends in three weeks, bank ceo and president charlie scharf said tuesday at an investors conference in new york.