Wells Fargo & Co.’s chief financial officer revealed plans to reduce staffing, including job cuts in the company’s home-lending business.
John Shrewsberry, CFO at the San Francisco-based bank-holding company, discussed first-quarter results in a conference call with analysts Thursday.
Among the topics covered by Shrewsberry was a staff reduction through the centralization and the streamlining of various processes.
Source: Mortgage Daily
