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Wells Fargo Shares Rise on Cost Cuts
News January 15, 2025 at 01:03 PM
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What You Need To Know
- Headcount, which was at nearly 272,000 at the end of 2019, was 217,502 at year-end.
- CEO Charlie Scharf Charlie Scharf continues a broader efforts to slash costs and remake the bank.
- More cuts are coming in 2025.
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