Wfc) layoffs are in the news tuesday as investors react to the financial company revealing plans to reduce its workforce.

Bank by assets, was already among the most active in laying off workers this year, thanks in part to its retrenchment from the.

Webwells fargo is planning to be “more aggressive” about layoffs at the bank, and expects to have higher severance costs in the fourth quarter than initially expected, its ceo said.

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