Wells Fargo Number of Employees and Employment Trends

Wells Fargo has a massive workforce with over 264,000 employees worldwide as of 2022.

The company has undergone significant changes in its employment trends over the years, with a notable decrease in its workforce from 2019 to 2022.

Wells Fargo's employee base is predominantly located in the United States, with a significant presence in major cities such as San Francisco, New York, and Charlotte.

As of 2022, the company's employee demographics show a slight majority of women making up 54% of its workforce.

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Wells Fargo has a significant number of employees, with 226,000 employees as of December 31, 2023.

The company's employee base has been steadily decreasing over the years, with a total decrease of 12,000 employees from December 31, 2022 to December 31, 2023, which is a decline of 5.04%.

The employee count has also decreased from 238,000 in 2022 to 247,848 in 2021, a decline of 7.70%. However, in 2020, the employee count increased to 268,531, a growth of 3.36%.

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As of December 31, 2023, 56% of Wells Fargo employees are female, and 57% are white.

Here is a breakdown of the company's employee demographics:

The average length of employment at Wells Fargo varies, but a plurality of employees stay for 1-2 years, with 33% of employees staying for that duration.

The number of employees at Wells Fargo has been steadily decreasing over the past few years. In 2023, the company had 226,000 employees, a decrease of 12,000 from the previous year.

The largest single-year decrease in employee count occurred in 2021, when the company lost 20,683 employees, resulting in a 7.70% decline. This significant drop in employment was followed by a modest increase in 2020, where the company added 8,731 employees.

Here's a breakdown of the employee count at Wells Fargo from 2020 to 2023:

Wells Fargo's employee count has fluctuated over the years. The company had 226,000 employees as of December 31, 2023.

The largest decline in employee count occurred between 2021 and 2023, with a decrease of 12,000 employees. This represents a 5.04% drop in employees.

A smaller decline of 9,848 employees was seen between 2022 and 2023, with a growth rate of -3.97%. This shows that the company's growth rate was negative during this period.

The employee count increased by 8,731 employees between 2020 and 2021, with a growth rate of 3.36%. This was a significant increase after a decline in previous years.

Here's a breakdown of the employee count changes over the years:

The employee count has been steadily increasing over the years, with the exception of a decline between 2021 and 2023.

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Wells Fargo has a diverse workforce, with 56% of employees being female.

The majority of employees at Wells Fargo are white, making up 57% of the workforce.

Wells Fargo employees who are minorities make up 43% of the total workforce.

Here's a breakdown of the demographics at Wells Fargo:

The company has made efforts to increase diversity among its executives, with 40% of executives being female and 36% being minorities.

Hispanic or Latino employees are the most common minority group at Wells Fargo, and Spanish is the most common foreign language spoken by employees.

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If you're considering a job at Wells Fargo, it's worth noting that the average length of employment is relatively short. A plurality of employees stay for 1-2 years, which is a common trend in the banking industry.

According to the data, 33% of Wells Fargo employees stay at the company for 1-2 years. This suggests that many employees are looking for new opportunities or are in a transitional phase of their careers.

It's also interesting to see that only 8% of employees stay with Wells Fargo for 8-10 years, which is a rare occurrence. This implies that the company may not be able to retain its top talent for an extended period.

Here's a breakdown of the employment length at Wells Fargo: