Wells Fargo executives have said artificial intelligence will bring down the bank's headcount. In an Oct. 13 earnings call, CEO Charles Scharf said workforce has declined every quarter for the past six years, down 30% from its second-quarter 2020 peak. The San Francisco-based bank did not share any specific information Thursday about its Des Moines metro layoffs, such as the divisions affected or whether the employees losing their positions will be retained in other capacities. In the past, it h
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Wells Fargo executives have said artificial intelligence will bring down the bank's headcount. In an Oct. 13 earnings call, CEO Charles Scharf said workforce has declined every quarter for the past six years, down 30% from its second-quarter 2020 peak. The San Francisco-based bank did not share any specific information Thursday about its Des Moines metro layoffs, such as the divisions affected or whether the employees losing their positions will be retained in other capacities. In the past, it h
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Thousands marched in Washington, DC on Sunday for Nolan Wells, joining calls across the US for an impartial federal investigation into his death. The 18-year-old college football player was found dead off the Mississippi coast in July. Sunday’s “One March, Fifty States” day of action saw marches and prayer gatherings planned in every US state and in London. On the Mississippi Gulf Coast, hundreds marched across the Biloxi–Ocean Springs Bridge toward Wells’ hometown, calling on the Justice Depart
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Pastor Mike Jr. honored Nolan Wells during his Stellar Awards acceptance speech with a powerful reminder for anyone still believing for what they have yet to see come to pass. 🙏🏾 #BETSoulSundays #StellarAwards #NolanWells
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