‘Aggressive’ Job Cuts Coming For This Major North Carolina Bank
Bad news for some people who work in the banking industry in North Carolina. The news comes just in time for the holidays too. ‘Aggressive job cuts’ are coming for this major North Carolina bank.
Wells Fargo CEO reports in the Charlotte Observer more employees will be out of work. The bank also expects to have higher severance costs in the fourth quarter. Back in September there were rumblings of a layoff wave and smaller office space was expected to be a need for the company. Over the years “tens of thousands of jobs” have been cut and more are expected in 2024. With the layoffs will come those severance pay outs. Aggressive job cuts are coming for this major North Carolina bank.
Wells Fargo CEO Charlie Scharf says finding ways to be more productive in 2024 is like “peeling back an onion”, according to our source. This from the executive in the Charlotte Observer, “When you become more efficient it gives you a chance to look at everything else and say, ‘Okay, what’s next’.
The San Francisco based company employs around 28,000 in Charlotte, North Carolina. Wells Fargo is not the only bank in Charlotte that is making cut backs. Truist is a Charlotte, North Carolina based bank and according to our source, The Charlotte Observer, expected to have $750 million in ‘sizable layoffs’. As of last year, Truist had around 3,000 people working in the area. Ally Financial also has a large work force in Charlotte and has announced a 5% cutback.
To learn more about this story, get details here from the Charlotte Observer.
The Top 20 Companies for Remote Jobs in North Carolina In 2023
Working remotely is growing exponentially in popularity and opportunities. While it’s not for me, at least not 100% of the time, many many people are fans. In fact, I know several people who would never consider an office job anymore. And for a lot of people, the new year can mean looking for a new job. If that sounds like you then you’ll want to be aware of the companies hiring most work-at-home employees. If you’re in North Carolina and in the market for a remote job, FlexJobs has released its 10th annual “Top 100 Companies to Watch for Remote Jobs” list.
In the study, they note that between 2021 and 2022, “FlexJobs saw a 20% increase in the number of remote job listings on the site, compared with just 12% the previous year. And with the wider adoption of remote work came more variety in job titles and career levels. While a majority of positions were for experienced-level jobs (62%), manager and senior-level roles claimed 32% of the remote job listings. The remaining 6% of postings were attributed to entry-level jobs.”
So, which companies are hiring the most at-home workers right now? Below you’ll find the top 20 companies for remote jobs. While some are household names, others do more of the behind-the-scenes work. And, while many of these companies may not be based in North Carolina, since the work is largely remote, many of them offer jobs for residents. Read the full list from FlexJobs here.