WFC to Reshape Its Workforce for AI Era, Signals More Job Cuts in 2026
富国银行富国银行(US:WFC) ZACKS·2025-12-11 02:56

Key Takeaways Wells Fargo expects further 2026 staff cuts as efficiency efforts and new technology reshape its operations. AI tools boosted engineering productivity 30-35% as the bank prepares a gradual AI rollout next year. WFC continues branch reductions and structural changes, targeting $15B in gross expense cuts by 2025-end. At the Goldman Sachs 2025 conference held on Dec. 9, Wells Fargo & Company (WFC) signaled that its workforce could shrink further in 2026 as part of a broader push to improve effici ...