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Recent data, underscored by workforce researcher Amanda Goodall on X, illustrates the scale of the fallout: 13,470 layoffs in ...
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JPMorgan Chase, PNC Financial Services Group, Truist Financial, Wells Fargo, and First Citizens BancShares Shares Plummet, What You Need To KnowA number of stocks fell in the morning session after a surprisingly weak July jobs report and the announcement of sweeping ...
The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation ...
Bosses in America are already making a virtue of shrinking their workforces. Is that trend just weeks away from hitting ...
Wells Fargo cuts nearly 200 jobs in Winston-Salem, closing several operations downtown as part of ongoing workforce reduction efforts nationwide.
Economists are sounding the alarm on a weakening labor market after July's jobs report revealed sharp downward revisions and softer-than-expected hiring, putting Fed rate cuts firmly back on the table ...
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR exec at the bank is coercing ...
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