CEO expects fewer employees in 2026

Source-backed update · Company statement · Wells Fargo

EventDecember 9, 2025

ReportedDecember 9, 2025

Added to WorkHushDecember 9, 2025

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Sources

Kitco, citing Reuters · Dec 9, 2025Supports: Charlie Scharf said the bank expects to have fewer people going into 2026, with higher severance costs in Q4.Open the source

Not in the sources

No number or timing was given.

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