Wells Fargo reduces headcount in Q3

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Wells Fargo is leveraging expertise and automating investments to streamline its operations because the $1.6 trillion financial institution continues to trim its workforce.  “I might say there are only a few components of the corporate which might be optimized at this level,” Mike Santomassimo, chief monetary officer at Wells Fargo, mentioned as we speak through the financial institution’s third-quarter earnings name. […]

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