Thursday, January 13, 2011

Wells Fargo eliminates another 40 workers

Last July Wells Fargo said it would eliminate its consumer finance unit and merge those operations with Wells Fargo Mortgage and other Wells Fargo units. It looks complete now, and Wells Fargo didn't have to eliminate the full 1000 workers initially estimated. 850 were cut though, with the final 40 from Des Moines this week.

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